Taman Pelangi

Johor Bahru, Johor, Malaysia

Property Transactions

353 subsales found

Period
transactions middle 50% (P25–P75)
RM1,200,000
Jalan Cermat 6
2,800 sqft RM429 PSF
RM750,000
Jalan Nila 7
4,645 sqft RM161 PSF
RM600,000
Jalan Kuning 3
1,894 sqft RM317 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM650,000

RM315 psf

Median transaction price

RM2,625,000

RM1,510 psf

Median transaction price

High

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Taman Pelangi
© OpenStreetMap · CARTO

Taman Pelangi, Johor Bahru, Johor, Malaysia

Maps

Taman Pelangi in Johor Bahru, Johor recorded 353 subsale transactions between 2021 and 2026, with a median price of RM690K and a median price per square foot (PSF) of RM361.

This area contains both residential and commercial properties. View 305 residential properties or 41 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM690K, with most transactions falling within a stable range of RM530K to RM850K, and a typical market range of RM490K to RM890K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM361, with core pricing between RM293 and RM429. Market pricing typically extends from RM290.12 to RM431.12, reflecting moderate variation in unit pricing. The spread of RM141.00 (IQR) and deviation of RM68 (MAD) suggest moderate price variations reflecting different property features.

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. High transaction volume ensures good market liquidity and easier price discovery.