Taman Pelangi Indah

Ulu Tiram, Ulu Tiram, Johor

About this project

Taman Pelangi Indah is a township in Ulu Tiram, Johor Bahru. It was initiated in 1997 to meet the demand for residential properties in the Kota Tinggi development corridor. More than 20 years later, it is a well favoured location comprising both freehold residential and commercial developments. The township has a total of 939 acres, with a total of more than 6,400 landed homes, in addition to apartments, shop lots, mini markets, a clinic, police station and a secondary school – SMK Pelangi Indah. The expected population here is more than 32,000. Set within Taman Pelangi Indah itself are two large recreational lakes, where residents can meet and connect with family and neighbours alike. Nearby neighbourhoods include Taman Puteri Wangsa, Taman Gaya, Taman Desa Tebrau and Taman Mount Austin. AEON Tebrau City mall, Tesco Extra Tebrau hypermarket and IKEA Tebrau are located in Taman Desa Tebrau, less than 15 minutes away from Taman Pelangi Indah, making the township’s location an appealing one indeed. In the neighbouring Taman Mount Austin, there is the Hospital Sultan Ismail, a specialist and teaching hospital equipped with a hi-tech, fully electronic system, as well as educational facilities like the Sunway College Johor Bahru and the Austin Heights Private & International Schools. From Taman Pelangi Indah, residents can also easily access Jalan Kota Tinggi, one of the main routes passing through the area. The township’s value is enhanced by its proximity to the Lebuhraya Senai-Desaru, just about 10 minutes away, which stretches between Senai in the west of Johor to Desaru in the east. Johor Bahru is about 19km away, while the Johor Bahru checkpoint to Singapore is about 23km from the township. Senai International Airport is also situated within a reasonable distance – just over 30km away – benefiting residents who often travel outstation for work. So far, there have been several developments launched in Taman Pelangi Indah. For example, the Ijauan 1- storey terrace homes, and the Camwood 2-storey terrace homes. The former has a built-up area ranging from 1,323 sf to 1,475 sf, while the latter has a built-up area suited for larger or multigenerational families, 1,710 sf to 2,053 sf. Credit : Propsocial 12.11.2019
Property Type
Terraced House
Total Units
6472
Completion Year
1997
Built up
657 sqft - 9666 sqft
Tenure
Freehold
Land Area
939
Transacted Price
RM 20,000 - RM 1,500,000
Asking Price (Sale)
RM 468,000 - RM 990,000
Asking Price (Rent)
RM 1,300 - RM 1,300
Developer name
I&P Group Sdn Bhd

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 58 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
08 Dec 1606 Mar 201,916 ft²30027940,0002.2
21 Nov 1626 Feb 203,724 ft²21120425,0001
28 Aug 1406 Jan 201,765 ft²289212135,0005.9
03 Feb 1625 Nov 192,013 ft²18915960,0004.6
22 Jan 1304 Oct 191,765 ft²261181140,0005.6

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 53 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 8 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
13 Nov 1817 Sep 193,531 ft²108112-14000-4.2
15 Sep 1715 Feb 191,916 ft²251313-120000-14.5
24 Nov 1814 Dec 182,045 ft²349242-302000-99.8
30 Dec 1313 Sep 171,916 ft²198198--
15 Feb 1630 Apr 161,916 ft²204204--

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 3 more unprofitable transactions

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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