TAMAN PELANGI JAYA

TAMAN PELANGI JAYA in Kluang, Johor recorded 3 subsale transactions in 2023, with a median price of RM 150K 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 150K, with most transactions falling within a stable range of RM 140K to RM 173K, and a typical market range of RM 140K to RM 192K.

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

The median PSF stands at RM 179, with core pricing between RM 152 and RM 206. Market pricing typically extends from RM 149.00 to RM 209.00, 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.