TAMAN PELANGI INDAH

Area Intelligence
2021
Median Price
RM 530,000
PSF: RM 256

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 251

Commercial PSF Trends

Median Price

RM 949,000

RM 616 PSF

TAMAN PELANGI INDAH in Johor Bahru, Johor recorded 14 subsale transactions in 2021, with a median price of RM 530K and a median price per square foot (PSF) of RM 256.

This area contains both residential and commercial properties. View 340 residential properties or 34 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 800K to RM 597K, and a typical market range of RM 800K to RM 698K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 256, though individual units vary from RM 82 to RM 430 in the core range. The broader market spans RM 196.75 to RM 315.25, indicating diverse property characteristics. A wider spread (IQR: RM 118.50) and deviation (MAD: RM 174) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI INDAH, Johor Bahru, Johor

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Transactions

14 transactions grouped by size

650 sqft
Low-Cost Flat
RM 150,000
Level 2
657 sqft · RM 228 PSF
RM 160,000
Level 2
657 sqft · RM 244 PSF
RM 120,000
Level 5
657 sqft · RM 183 PSF
RM 140,000
Level 5
657 sqft · RM 213 PSF
1,550 sqft
Double Storey Shop
RM 949,000
JALAN CANTIK
1,540 sqft · RM 616 PSF
RM 949,000
JALAN CANTIK 21
1,540 sqft · RM 616 PSF
1,750 sqft
Single Storey Terraced
RM 500,000
JALAN PESONA 1
1,765 sqft · RM 283 PSF
RM 477,000
JALAN PESONA 9
1,765 sqft · RM 270 PSF
1,900 sqft
RM 500,000
JALAN AYU 24
1,916 sqft · RM 261 PSF
RM 600,000
JALAN MENAWAN 2
1,920 sqft · RM 313 PSF
3,200 sqft
RM 800,000
JALAN LAWA 20
3,200 sqft · RM 250 PSF
RM 900,000
JALAN PESONA 15
3,200 sqft · RM 281 PSF
RM 800,000
JALAN AYU 27
3,186 sqft · RM 251 PSF
5,900 sqft
Single Storey Terraced
RM 560,000
JALAN AYU 36
5,920 sqft · RM 95 PSF

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There are currently no properties listed for sale in this area.

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