Area Intelligence

TAMAN PELANGI

9 properties
2022
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Median Price
RM 130,000
PSF: RM 162

Residential Market

Median Price

RM 130,000

IQR: RM 20
MAD: RM 7
RM 162 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PELANGI in Kluang, Johor recorded 9 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 162.

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 130K, with most transactions falling within a stable range of RM 80K to RM 187K, and a typical market range of RM 80K to RM 200K.

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

Price per square foot shows a median of RM 162, though individual units vary from RM 129 to RM 195 in the core range. The broader market spans RM 152.00 to RM 172.00, indicating diverse property characteristics. The spread of RM 20.00 (IQR) and deviation of RM 33 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PELANGI, Kluang, Johor

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Transactions

9 properties grouped by size

750 sqft
3 units Low-Cost House
RM 130,000
JLN PELANGI 18
770 sqft · RM 169.00 PSF
Jul 2022
RM 180,000
JLN PELANGI 17
770 sqft · RM 234.00 PSF
Jun 2022
RM 115,000
JLN PELANGI 18
770 sqft · RM 149.00 PSF
Jun 2022
800 sqft
2 units Low-Cost House
RM 120,000
JALAN PELANGI 2
775 sqft · RM 155.00 PSF
Nov 2022
RM 80,000
JLN PELANGI 6
775 sqft · RM 103.00 PSF
Mar 2022
900 sqft
2 units Double Storey Terraced
RM 150,000
JLN PELANGI
880 sqft · RM 170.00 PSF
Oct 2022
RM 120,000
JLN PELANGI 20
880 sqft · RM 136.00 PSF
Jun 2022
1,550 sqft
2 units Single Storey Terraced
RM 250,000
JALAN PELANGI 8
1,539 sqft · RM 162.00 PSF
Dec 2022
RM 250,000
JLN PELANGI 22
1,540 sqft · RM 162.00 PSF
Dec 2022