TMN PELANGI MAS

TMN PELANGI MAS in Pontian, Johor recorded 2 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 125.

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 290K, with most transactions falling within a stable range of RM 100K to RM 480K, and a typical market range of RM 211K to RM 369K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 125, with most transactions between RM 119 and RM 131. The usual range is RM 83.38 to RM 166.63, showing that most units are priced quite close to each other. With an IQR of RM 83.25 and MAD of RM 6, 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.