Johor
Johor Bahru
Tebrau
TAMAN PELANGI INDAH

TAMAN PELANGI INDAH

Area Intelligence

2023

Median Price

RM 138,500

PSF: RM 211

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Residential PSF Trends

Median Price

RM 138,500

PSF: RM 211

Commercial PSF Trends

Median Price

RM 1,230,000

RM 597 PSF

TAMAN PELANGI INDAH in Johor Bahru, Johor recorded 12 subsale transactions in 2023, with a median price of RM 139K and a median price per square foot (PSF) of RM 211.

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 139K, with most transactions falling within a stable range of RM 126K to RM 151K, and a typical market range of RM 120K to RM 165K.

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

For price per square foot, the median is RM 211, with most transactions between RM 192 and RM 230. The usual range is RM 151.75 to RM 270.25, showing that most units are priced quite close to each other. With an IQR of RM 118.50 and MAD of RM 19, 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

12 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 120,000

Level 2

657 sqft · RM 183 PSF

Nov 2023

RM 130,000

Level 2

657 sqft · RM 198 PSF

Nov 2023

RM 150,000

Level 2

657 sqft · RM 228 PSF

Sep 2023

RM 137,000

Level 3

657 sqft · RM 209 PSF

Sep 2023

RM 145,000

Level 3

657 sqft · RM 221 PSF

Sep 2023

RM 160,000

Level 4

657 sqft · RM 244 PSF

Sep 2023

Level 2	RM 120,000	RM 183	657 sqft	Nov 2023
Level 2	RM 130,000	RM 198	657 sqft	Nov 2023
Level 2	RM 150,000	RM 228	657 sqft	Sep 2023
Level 3	RM 137,000	RM 209	657 sqft	Sep 2023
Level 3	RM 145,000	RM 221	657 sqft	Sep 2023
Level 4	RM 160,000	RM 244	657 sqft	Sep 2023