Area Intelligence

TAMAN PELANGI JAYA

5 properties
Low-Cost House
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Median Price
RM 145,000
PSF: RM 167

Residential Market

Median Price

RM 145,000

IQR: RM 60
MAD: RM 27
RM 167 PSF 9.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PELANGI JAYA in Kluang, Johor recorded 5 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 145K and a median price per square foot (PSF) of RM 167.

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 145K, with most transactions falling within a stable range of RM 138K to RM 150K, and a typical market range of RM 130K to RM 150K.

Within the Low-Cost House category, low-cost house dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 167, with most transactions between RM 151 and RM 183. The usual range is RM 137.00 to RM 197.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

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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Transactions

5 properties grouped by size

850 sqft
4 units Low-Cost House
RM 150,000
JLN PELANGI JAYA 7
840 sqft · RM 179.00 PSF
Jan 2024
RM 150,000
JLN PELANGI JAYA 7
840 sqft · RM 179.00 PSF
Dec 2023
RM 140,000
JLN PELANGI JAYA 1
840 sqft · RM 167.00 PSF
Jan 2023
RM 130,000
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