| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pelangi 2
|
RM 100,000
|
RM 98
|
1,023 sqft
|
|
|
Jalan Pelangi Utama
|
RM 480,000
|
RM 131
|
3,670 sqft
|
|
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Market Snapshot
ResidentialRM 290,000
RM 114 psfMedian transaction price
Taman Utama, 81500 Pekan Nanas, Johor, Malaysia
MapsTaman Pelangi Mas in Pontian, Johor recorded 2 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 114.
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 290K, with most transactions falling within a stable range of RM 100K to RM 480K, and a typical market range of RM 180K to RM 400K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 114, with core pricing between RM 98 and RM 131. Market pricing typically extends from RM 72.03 to RM 156.53, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 16, 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.