Taman Pelangi

Perai, Pulau Pinang, Malaysia

Property Transactions

114 subsales grouped by size

Median
RM90,000
PSF
RM164
Period
transactions middle 50% (P25–P75)
500 sqft
LC Flat
RM155,000
Level 2
506 sqft · RM306 PSF
RM150,000
Level 1
506 sqft · RM297 PSF
RM121,000
Level 4
506 sqft · RM239 PSF
RM90,000
Level 4
506 sqft · RM178 PSF
RM150,000
Level 1
506 sqft · RM297 PSF
RM120,000
Level 1
506 sqft · RM237 PSF
+75 more
650 sqft
LC Flat
RM125,000
Level 1
657 sqft · RM190 PSF
700 sqft
LC Flat
RM170,000
Level 4
689 sqft · RM247 PSF
RM150,000
Level 5
689 sqft · RM218 PSF
RM145,000
Level 1
689 sqft · RM210 PSF
RM100,000
Level 3
689 sqft · RM145 PSF
RM175,000
Level 2
689 sqft · RM254 PSF
RM130,000
Level 3
700 sqft · RM186 PSF
+26 more
Legend Recent Highest Price Highest PSF

Posts about Taman Pelangi

What’s happening in Taman Pelangi?

No posts about Taman Pelangi yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM90,000

RM164 psf

Median transaction price

High

Does TAMAN PELANGI rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

See the yield with Plus

RM59 a month, cancel any time

Taman Pelangi
© OpenStreetMap · CARTO

Taman Pelangi, Perai, Pulau Pinang, Malaysia

Maps

Taman Pelangi in Seberang Perai Tengah, Penang recorded 114 subsale transactions between 2021 and 2026, with a median price of RM90K and a median price per square foot (PSF) of RM164.

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 RM90K, with most transactions falling within a stable range of RM75K to RM105K, and a typical market range of RM69K to RM111K.

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

The median PSF stands at RM164, with core pricing between RM138 and RM190. Market pricing typically extends from RM132.56 to RM195.56, reflecting moderate variation in unit pricing. The spread of RM63.00 (IQR) and deviation of RM26 (MAD) suggest moderate price variations reflecting different property features.

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.