Johor
Johor Bahru
Tebrau
TAMAN PELANGI INDAH

TAMAN PELANGI INDAH

Area Intelligence

2021

Median Price

RM 145,000

PSF: RM 221

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Residential PSF Trends

Median Price

RM 145,000

PSF: RM 221

Commercial PSF Trends

Median Price

RM 1,230,000

RM 597 PSF

TAMAN PELANGI INDAH in Johor Bahru, Johor recorded 4 subsale transactions in 2021, with a median price of RM 145K and a median price per square foot (PSF) of RM 221.

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 145K, with most transactions falling within a stable range of RM 130K to RM 160K, and a typical market range of RM 120K to RM 160K.

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

The median PSF stands at RM 221, with core pricing between RM 198 and RM 243. Market pricing typically extends from RM 161.25 to RM 279.75, reflecting moderate variation in unit pricing. With an IQR of RM 118.50 and MAD of RM 22, 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

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

650 sqft

Low-Cost Flat

650 sqft

Low-Cost Flat

RM 150,000

Level 2

657 sqft · RM 228 PSF

Sep 2021

RM 160,000

Level 2

657 sqft · RM 244 PSF

Aug 2021

RM 120,000

Level 5

657 sqft · RM 183 PSF

May 2021

RM 140,000

Level 5

657 sqft · RM 213 PSF

Apr 2021

Level 2	RM 150,000	RM 228	657 sqft	Sep 2021
Level 2	RM 160,000	RM 244	657 sqft	Aug 2021
Level 5	RM 120,000	RM 183	657 sqft	May 2021
Level 5	RM 140,000	RM 213	657 sqft	Apr 2021