Area Intelligence

TAMAN CAHAYA PELANGI

2 properties
2021
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Median Price
RM 440,000
PSF: RM 223

Residential Market

Median Price

RM 440,000

IQR: RM 52
MAD: RM 26
RM 223 PSF 2.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN CAHAYA PELANGI in Kluang, Johor recorded 2 subsale transactions in 2021, with a median price of RM 440K and a median price per square foot (PSF) of RM 223.

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 440K, with most transactions falling within a stable range of RM 420K to RM 460K, and a typical market range of RM 420K to RM 460K.

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 223, though individual units vary from RM 167 to RM 279 in the core range. The broader market spans RM 197.00 to RM 249.00, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 56) 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN CAHAYA PELANGI, Kluang, Johor

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Transactions

2 properties grouped by size

1,650 sqft
1 units Double Storey Terraced
RM 460,000
JLN CAHAYA PELANGI 3
1,650 sqft · RM 279.00 PSF
Dec 2021
2,500 sqft
1 units Single Storey Terraced
RM 420,000
JLN CAHAYA PELANGI 14
2,520 sqft · RM 167.00 PSF
Nov 2021