Area Intelligence

TAMAN PELANGI JAYA

10 properties
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Median Price
RM 171,000
PSF: RM 173

Residential Market

Median Price

RM 171,000

IQR: RM 60
MAD: RM 27
RM 173 PSF 9.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PELANGI JAYA in Kluang, Johor recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 171K and a median price per square foot (PSF) of RM 173.

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 171K, with most transactions falling within a stable range of RM 135K to RM 207K, and a typical market range of RM 130K to RM 240K.

Most transactions involved low-cost house, with moderate diversity in property types available.

The median PSF stands at RM 173, with core pricing between RM 146 and RM 200. Market pricing typically extends from RM 143.00 to RM 203.00, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 27 (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 JAYA, Kluang, Johor

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Filter by type, year, price, and size

Transactions

10 properties grouped by size

850 sqft
5 units
RM 150,000
Low-Cost House JLN PELANGI JAYA 7
840 sqft · RM 179.00 PSF
Jan 2024
RM 150,000
Low-Cost House JLN PELANGI JAYA 7
840 sqft · RM 179.00 PSF
Dec 2023
RM 192,000
Double Storey Terraced JLN PELANGI JAYA 4
840 sqft · RM 229.00 PSF
Jul 2023
RM 140,000
Low-Cost House JLN PELANGI JAYA 1
840 sqft · RM 167.00 PSF
Jan 2023
RM 130,000
Low-Cost House JLN PELANGI JAYA 7
840 sqft · RM 155.00 PSF
Jun 2022
1,050 sqft
1 units Low-Cost House
RM 145,000
JLN PELANGI
1,058 sqft · RM 137.00 PSF
May 2021
1,550 sqft
2 units
RM 350,000
Single Storey Terraced JLN PELANGI JAYA 6
1,540 sqft · RM 227.00 PSF
Jan 2025
RM 370,000
Double Storey Terraced JLN PELANGI JAYA 3
1,540 sqft · RM 240.00 PSF
Feb 2022
1,850 sqft
1 units Single Storey Terraced
RM 285,000
JALAN PELANGI JAYA 8
1,837 sqft · RM 155.00 PSF
May 2024
2,400 sqft
1 units Double Storey Terraced
RM 280,000
JLN PELANGI JAYA 5
2,417 sqft · RM 116.00 PSF
Oct 2021