TAMAN PELANGI Property Investment Analysis

TAMAN PELANGI in Seberang Perai Tengah, Penang recorded 108 subsale transactions between 2021 and 2025, with a median price of RM 90K and a median price per square foot (PSF) of RM 158.

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 90K, with most transactions falling within a stable range of RM 75K to RM 105K, and a typical market range of RM 75K to RM 105K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 158, with core pricing between RM 133 and RM 183. Market pricing typically extends from RM 128.00 to RM 188.00, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Steady transaction activity supports reliable market pricing.