PRIMA @ TAMAN PELANGI INDAH Transaction Price & PSF
PRIMA @ TAMAN PELANGI INDAH Serviced Apartment Residential Property Market | residential | Data through January 2025
This market article examines the residential Serviced Apartment segment within PRIMA @ TAMAN PELANGI INDAH, located in Johor, focusing on Tebrau as the primary submarket. The aim is to explain how to interpret the transaction data and benchmarks without making unsupported assumptions about value or future movements.
Market overview
The dataset shows a residential mix where Serviced Apartment features prominently within the PRIMA scheme. Transaction activity appears centered in the Johor Bahru district, with Tebrau as the dominant mukim for this scheme. The scheme is identified as the leading submarket for this property type, and the broader market shows variability in activity across years, underscoring the need to assess schemes and property types separately rather than making cross-category comparisons.
Property type benchmarks
The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.
Serviced Apartment
Within the Serviced Apartment category in PRIMA @ TAMAN PELANGI INDAH, the data indicate a concentrated focus in Tebrau, Johor Bahru. This suggests a distinct submarket pattern where this property type tends to feature prominently in the scheme. When using benchmarks, treat Serviced Apartment as its own category and compare it with other Serviced Apartment entries rather than mixing with other residential formats.
How to interpret this market
Readers can use transaction benchmarks as a contextual guide for the PRIMA scheme and the Serviced Apartment category. An individual property may differ in exact location, layout, or condition within Tebrau, so benchmarks should inform expectations but not replace a property-specific assessment.
Explore the underlying market
View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.
View Johor Bahru property dataFrequently asked questions
How should I use the PRIMA @ TAMAN PELANGI INDAH benchmarks when evaluating a Serviced Apartment?
Treat the benchmarks as a reference for the scheme and the Serviced Apartment category. Use them to understand typical transaction patterns and relative positioning for similar units, while avoiding assumptions about current or future value for a specific property.
What is the dominant submarket within the dataset for this residential segment?
Johor Bahru district, Tebrau mukim; Serviced Apartment emerges as the leading property type within PRIMA @ TAMAN PELANGI INDAH.
Is PRIMA @ TAMAN PELANGI INDAH the only scheme represented in the residential Serviced Apartment data?
PRIMA @ TAMAN PELANGI INDAH is the top scheme highlighted in the dataset for this segment. The article focuses on this scheme’s data and does not claim it is the sole representation in a broader dataset.
Summary
In summary, the Serviced Apartment submarket within PRIMA @ TAMAN PELANGI INDAH appears as a distinct category within Tebrau, Johor Bahru. Readers should compare property types separately and use transaction benchmarks as a contextual guide when evaluating individual units, without assuming universal outcomes.
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Methodology
Median transaction price for the selected market scope.
Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.
Unavailable measurements are not estimated or inferred.
Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.