TAMAN PELANGI

TAMAN PELANGI in Kluang, Johor recorded 6 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 174.

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 275K, with most transactions falling within a stable range of RM 130K to RM 445K, and a typical market range of RM 205K to RM 345K.

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 174, though individual units vary from RM 135 to RM 212 in the core range. The broader market spans RM 163.50 to RM 183.50, indicating diverse property characteristics. The spread of RM 20.00 (IQR) and deviation of RM 38 (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.