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 356K to RM 500K, and a typical market range of RM 362K to RM 500K.

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

The median PSF stands at RM 256, with core pricing between RM 224 and RM 288. Market pricing typically extends from RM 196.75 to RM 315.25, reflecting moderate variation in unit pricing. With an IQR of RM 118.50 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI INDAH, Johor Bahru, Johor

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Transactions

7 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
1,750 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
Single Storey Terraced
RM 500,000
JALAN AYU 24
1,916 sqft · RM 261 PSF

No Properties For Sale

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

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