Area Intelligence

PUSAT PERNIAGAAN PELANGI

3 properties
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Median Price
RM 515,000
PSF: RM 334

Commercial Market

Median Price

RM 515,000

IQR: RM 33
MAD: RM 23
RM 334 PSF 3.4%

PSF Trends (2021-2025)

PUSAT PERNIAGAAN PELANGI in Kluang, Johor recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 515K and a median price per square foot (PSF) of RM 334.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 515K, with most transactions falling within a stable range of RM 480K to RM 550K, and a typical market range of RM 490K to RM 540K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 334, with most transactions between RM 311 and RM 357. The usual range is RM 317.75 to RM 350.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT PERNIAGAAN PELANGI, Kluang, Johor

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Transactions

3 properties found

Double Storey Shop JLN PELANGI
RM 550,000
1,540 sqft Sep 2024
RM 357.00 PSF
Double Storey Shop JLN PELANGI
RM 450,000
1,540 sqft May 2023
RM 292.00 PSF
Double Storey Shop JLN PELANGI
RM 515,000
1,540 sqft Dec 2022
RM 334.00 PSF