TAMAN CAHAYA PELANGI

TAMAN CAHAYA PELANGI in Kluang, Johor recorded 4 subsale transactions in 2023, with a median price of RM 398K and a median price per square foot (PSF) of RM 179.

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 398K, with most transactions falling within a stable range of RM 275K to RM 450K, and a typical market range of RM 351K to RM 444K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 179, though individual units vary from RM 127 to RM 231 in the core range. The broader market spans RM 153.00 to RM 205.00, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 52) 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.