TAMAN PELANGI JAYA

TAMAN PELANGI JAYA in Kluang, Johor recorded 2 subsale transactions in 2021, with a median price of RM 213K and a median price per square foot (PSF) of RM 127.

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 213K, with most transactions falling within a stable range of RM 145K to RM 280K, and a typical market range of RM 145K to RM 280K.

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

For price per square foot, the median is RM 127, with most transactions between RM 116 and RM 137. The usual range is RM 96.50 to RM 156.50, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 11, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.