Pusat Perniagaan Pelangi

1, Jalan Pelangi, Kampung Simpang Renggam, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM515,000
PSF
RM186
Period
transactions middle 50% (P25–P75)
2,750 sqft
2-Sty Shop
RM515,000
Jalan Pelangi
2,766 sqft · RM186 PSF
2,950 sqft
2-Sty Shop
RM550,000
Jalan Pelangi
2,928 sqft · RM188 PSF
RM450,000
Jalan Pelangi
2,928 sqft · RM154 PSF
Legend Recent Highest Price Highest PSF

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Pusat Perniagaan Pelangi
© OpenStreetMap · CARTO

Pusat Perniagaan Pelangi, 1, Jalan Pelangi, Kampung Simpang Renggam, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia

Maps

Pusat Perniagaan Pelangi in Kluang, Johor recorded 3 subsale transactions between 2021 and 2026, with a median price of RM515K and a median price per square foot (PSF) of RM186.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM515K, with most transactions falling within a stable range of RM480K to RM550K, and a typical market range of RM490K to RM540K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM186, with core pricing between RM163 and RM209. Market pricing typically extends from RM169.92 to RM202.42, reflecting moderate variation in unit pricing. With an IQR of RM32.50 and MAD of RM23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.