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Market Snapshot
ResidentialRM 152,500
RM 154 psfMedian transaction price
Taman Pelangi, Jerantut, Pahang
Taman Pelangi in Jerantut, Pahang recorded 2 subsale transactions in 2021, with a median price of RM 153K and a median price per square foot (PSF) of RM 154.
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 153K, with most transactions falling within a stable range of RM 135K to RM 170K, and a typical market range of RM 138K to RM 168K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 154, though individual units vary from RM 115 to RM 193 in the core range. The broader market spans RM 129.75 to RM 178.50, indicating diverse property characteristics. A wider spread (IQR: RM 48.75) and deviation (MAD: RM 39) indicate significant PSF variations, likely due to diverse property types or conditions.
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.