TAMAN PELANGI

Area Intelligence

2023

Median Price

RM 95,000

PSF: RM 161

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Residential PSF Trends

Median Price

RM 95,000

PSF: RM 161

TAMAN PELANGI in Seberang Perai Tengah, Penang recorded 30 subsale transactions in 2023, with a median price of RM 95K and a median price per square foot (PSF) of RM 161.

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 95K, with most transactions falling within a stable range of RM 73K to RM 117K, and a typical market range of RM 80K to RM 110K.

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

Price per square foot shows a median of RM 161, though individual units vary from RM 115 to RM 207 in the core range. The broader market spans RM 131.00 to RM 191.00, indicating diverse property characteristics. A wider spread (IQR: RM 60.00) and deviation (MAD: RM 46) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN PELANGI, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

30 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 75,000

Level 5

506 sqft • RM 148.00 PSF

Dec 2023

RM 130,000

Level 1

506 sqft • RM 257.00 PSF

Dec 2023

RM 102,000

Level 3

689 sqft • RM 148.00 PSF

Nov 2023

RM 85,000

Level 4

506 sqft • RM 168.00 PSF

Nov 2023

RM 83,000

Level 3

506 sqft • RM 164.00 PSF

Nov 2023

RM 150,000

Level 5

506 sqft • RM 297.00 PSF

Oct 2023

RM 100,000

Level 5

506 sqft • RM 198.00 PSF

Aug 2023

RM 80,000

Level 3

506 sqft • RM 158.00 PSF

Aug 2023

RM 106,000

Level 2

506 sqft • RM 210.00 PSF

Aug 2023

RM 80,000

Level 2

506 sqft • RM 158.00 PSF

Aug 2023

RM 95,000

Level 4

506 sqft • RM 188.00 PSF

Jul 2023

RM 80,000

Level 2

506 sqft • RM 158.00 PSF

Jun 2023

RM 95,000

Level 5

689 sqft • RM 138.00 PSF

Jun 2023

RM 128,000

Level 3

506 sqft • RM 253.00 PSF

Jun 2023

RM 80,000

Level 3

506 sqft • RM 158.00 PSF

Jun 2023

RM 70,000

Level 5

506 sqft • RM 138.00 PSF

May 2023

RM 100,000

Level 1

506 sqft • RM 198.00 PSF

Apr 2023

RM 120,000

Level 3

689 sqft • RM 174.00 PSF

Mar 2023

RM 90,000

Level 3

689 sqft • RM 131.00 PSF

Mar 2023

RM 125,000

Level 1

657 sqft • RM 190.00 PSF

Mar 2023

RM 50,000

Level 4

506 sqft • RM 99.00 PSF

Mar 2023

RM 118,000

Level 2

506 sqft • RM 233.00 PSF

Mar 2023

RM 130,000

Level 1

506 sqft • RM 257.00 PSF

Mar 2023

RM 96,000

Level 5

506 sqft • RM 190.00 PSF

Feb 2023

RM 65,000

Level 1

506 sqft • RM 128.00 PSF

Jan 2023

RM 87,000

Level 5

700 sqft • RM 124.00 PSF

Jan 2023

RM 95,000

Level 3

689 sqft • RM 138.00 PSF

Jan 2023

RM 95,000

Level 2

689 sqft • RM 138.00 PSF

Jan 2023

RM 75,000

Level 4

506 sqft • RM 148.00 PSF

Jan 2023

RM 92,000

Level 1

506 sqft • RM 182.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 5	RM 75,000	RM 148.00	506 sqft	Dec 2023	Low-Cost Flat
Level 1	RM 130,000	RM 257.00	506 sqft	Dec 2023	Low-Cost Flat
Level 3	RM 102,000	RM 148.00	689 sqft	Nov 2023	Low-Cost Flat
Level 4	RM 85,000	RM 168.00	506 sqft	Nov 2023	Low-Cost Flat
Level 3	RM 83,000	RM 164.00	506 sqft	Nov 2023	Low-Cost Flat
Level 5	RM 150,000	RM 297.00	506 sqft	Oct 2023	Low-Cost Flat
Level 5	RM 100,000	RM 198.00	506 sqft	Aug 2023	Low-Cost Flat
Level 3	RM 80,000	RM 158.00	506 sqft	Aug 2023	Low-Cost Flat
Level 2	RM 106,000	RM 210.00	506 sqft	Aug 2023	Low-Cost Flat
Level 2	RM 80,000	RM 158.00	506 sqft	Aug 2023	Low-Cost Flat
Level 4	RM 95,000	RM 188.00	506 sqft	Jul 2023	Low-Cost Flat
Level 2	RM 80,000	RM 158.00	506 sqft	Jun 2023	Low-Cost Flat
Level 5	RM 95,000	RM 138.00	689 sqft	Jun 2023	Low-Cost Flat
Level 3	RM 128,000	RM 253.00	506 sqft	Jun 2023	Low-Cost Flat
Level 3	RM 80,000	RM 158.00	506 sqft	Jun 2023	Low-Cost Flat
Level 5	RM 70,000	RM 138.00	506 sqft	May 2023	Low-Cost Flat
Level 1	RM 100,000	RM 198.00	506 sqft	Apr 2023	Low-Cost Flat
Level 3	RM 120,000	RM 174.00	689 sqft	Mar 2023	Low-Cost Flat
Level 3	RM 90,000	RM 131.00	689 sqft	Mar 2023	Low-Cost Flat
Level 1	RM 125,000	RM 190.00	657 sqft	Mar 2023	Low-Cost Flat
Level 4	RM 50,000	RM 99.00	506 sqft	Mar 2023	Low-Cost Flat
Level 2	RM 118,000	RM 233.00	506 sqft	Mar 2023	Low-Cost Flat
Level 1	RM 130,000	RM 257.00	506 sqft	Mar 2023	Low-Cost Flat
Level 5	RM 96,000	RM 190.00	506 sqft	Feb 2023	Low-Cost Flat
Level 1	RM 65,000	RM 128.00	506 sqft	Jan 2023	Low-Cost Flat
Level 5	RM 87,000	RM 124.00	700 sqft	Jan 2023	Low-Cost Flat
Level 3	RM 95,000	RM 138.00	689 sqft	Jan 2023	Low-Cost Flat
Level 2	RM 95,000	RM 138.00	689 sqft	Jan 2023	Low-Cost Flat
Level 4	RM 75,000	RM 148.00	506 sqft	Jan 2023	Low-Cost Flat
Level 1	RM 92,000	RM 182.00	506 sqft	Jan 2023	Low-Cost Flat