| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pelangi
|
RM 515,000
|
RM 186
|
2,766 sqft
|
|
|
Jalan Pelangi
|
RM 550,000
|
RM 188
|
2,928 sqft
|
|
|
|
Jalan Pelangi
|
RM 450,000
|
RM 154
|
2,928 sqft
|
|
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Pusat Perniagaan Pelangi, 1, Jalan Pelangi, Kampung Simpang Renggam, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia
MapsPusat Perniagaan Pelangi in Kluang, Johor recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 515K and a median price per square foot (PSF) of RM 186.
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 RM 515K, with most transactions falling within a stable range of RM 480K to RM 550K, and a typical market range of RM 490K to RM 540K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 186, with core pricing between RM 163 and RM 209. Market pricing typically extends from RM 169.92 to RM 202.42, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 23, 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.