PRIMA @ TAMAN PELANGI INDAH

PRIMA @ TAMAN PELANGI INDAH in Johor Bahru, Johor recorded 58 subsale transactions in 2023, with a median price of RM 305K and a median price per square foot (PSF) of RM 317.

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 305K, with most transactions falling within a stable range of RM 287K to RM 322K, and a typical market range of RM 291K to RM 318K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 317, with most transactions between RM 297 and RM 337. The usual range is RM 302.00 to RM 332.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.