| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 155,000
|
RM 306
|
506 sqft
|
|
|
|
Level 1
|
RM 150,000
|
RM 297
|
506 sqft
|
|
|
|
Level 4
|
RM 121,000
|
RM 239
|
506 sqft
|
|
|
|
Level 4
|
RM 90,000
|
RM 178
|
506 sqft
|
|
|
|
Level 1
|
RM 150,000
|
RM 297
|
506 sqft
|
|
|
|
Level 1
|
RM 120,000
|
RM 237
|
506 sqft
|
|
|
Level 4
|
RM 170,000
|
RM 247
|
689 sqft
|
|
|
|
Level 5
|
RM 150,000
|
RM 218
|
689 sqft
|
|
|
|
Level 1
|
RM 145,000
|
RM 210
|
689 sqft
|
|
|
|
Level 3
|
RM 100,000
|
RM 145
|
689 sqft
|
|
|
|
Level 2
|
RM 175,000
|
RM 254
|
689 sqft
|
|
|
|
Level 3
|
RM 130,000
|
RM 186
|
700 sqft
|
|
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Market Snapshot
ResidentialRM 90,000
RM 164 psfMedian transaction price
Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 114 subsale transactions between 2021 and 2026, with a median price of RM 90K and a median price per square foot (PSF) of RM 297.
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 69K to RM 111K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 297, with most transactions between RM 271 and RM 323. The usual range is RM 265.00 to RM 328.00, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 26, 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. Some price volatility exists, making thorough market research essential before transacting. Steady transaction activity supports reliable market pricing.