| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pelangi 1
|
RM 170,000
|
RM 219
|
775 sqft
|
|
|
Jalan Pelangi 2
|
RM 190,000
|
RM 186
|
1,023 sqft
|
|
|
Jalan Pelangi 4
|
RM 380,000
|
RM 171
|
2,217 sqft
|
|
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Market Snapshot
ResidentialRM 190,000
RM 186 psfMedian transaction price
Taman Utama, 81500 Pekan Nanas, Johor, Malaysia
MapsTaman Pelangi Mas in Pontian, Johor recorded 3 subsale transactions in 2022, with a median price of RM 190K and a median price per square foot (PSF) of RM 186.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 190K, with most transactions falling within a stable range of RM 170K to RM 285K, and a typical market range of RM 170K to RM 300K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 186, with core pricing between RM 166 and RM 206. Market pricing typically extends from RM 143.56 to RM 228.06, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 20, 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.