Passing parameters in visible function in data-bind in knockout.js

Passing parameters in visible function in data-bind in knockout.js
 HTML code:
<div class="editor-field">
    <select data-bind="options: propertyTypeList, value: selectedPropertyType, optionsCaption: 'select property type...'"></select>
</div>
<div class="editor-label" data-bind="visible: isVisible('Area')">Area</div>
<div class="editor-label" data-bind="visible: isVisible('Bedroom')">Bedroom</div>

JS code:
function ViewModel() {
    var self = this;
    self.propertyTypeList = ko.observableArray(['Area', 'Bedroom', 'Other']);
    self.selectedPropertyType = ko.observable("");
    self.visibleFeatures = ko.observableArray([]);
    self.isVisible = function (type) {
        //Your logic here
        return self.selectedPropertyType() === type;
    };
};

ko.applyBindings(new ViewModel());