TAMAN PELANGI INDAH

TAMAN PELANGI INDAH in Johor Bahru, Johor recorded 95 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 255.

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 600K, with most transactions falling within a stable range of RM 1.02 million to RM 755K, and a typical market range of RM 1.02 million to RM 768K.

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 255, though individual units vary from RM 13 to RM 497 in the core range. The broader market spans RM 195.75 to RM 314.25, indicating diverse property characteristics. A wider spread (IQR: RM 118.50) and deviation (MAD: RM 242) 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. Moderate transaction volume may require patience when buying or selling.