TAMAN PELANGI JAYA

TAMAN PELANGI JAYA in Kluang, Johor recorded 2 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 198.

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 250K, with most transactions falling within a stable range of RM 130K to RM 370K, and a typical market range of RM 181K to RM 319K.

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

Price per square foot shows a median of RM 198, though individual units vary from RM 155 to RM 240 in the core range. The broader market spans RM 167.50 to RM 227.50, indicating diverse property characteristics. The spread of RM 60.00 (IQR) and deviation of RM 43 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.