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Penang, Seberang Perai Tengah, 11

TAMAN PELANGI

Area Intelligence
2024
Median Price
RM 125,000
PSF: RM 221
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Residential PSF Trends

Median Price

RM 125,000

PSF: RM 221

TAMAN PELANGI in Seberang Perai Tengah, Penang recorded 18 subsale transactions in 2024, with a median price of RM 125K and a median price per square foot (PSF) of RM 221.

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 125K, with most transactions falling within a stable range of RM 99K to RM 151K, and a typical market range of RM 110K to RM 140K.

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

The median PSF stands at RM 221, with core pricing between RM 178 and RM 263. Market pricing typically extends from RM 190.50 to RM 250.50, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 42 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI, Seberang Perai Tengah, Penang

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Transactions

18 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
500 sqft
Low-Cost Flat
RM 90,000
Level 4
506 sqft · RM 178 PSF
RM 150,000
Level 1
506 sqft · RM 297 PSF
RM 120,000
Level 1
506 sqft · RM 237 PSF
RM 85,000
Level 3
506 sqft · RM 168 PSF
RM 125,000
Level 5
506 sqft · RM 247 PSF
RM 130,000
Level 4
506 sqft · RM 257 PSF
View 7 more transactions
700 sqft
Low-Cost Flat
RM 175,000
Level 2
689 sqft · RM 254 PSF
RM 130,000
Level 3
700 sqft · RM 186 PSF
RM 110,000
Level 3
689 sqft · RM 160 PSF
RM 150,000
Level 5
700 sqft · RM 214 PSF
RM 150,000
Level 4
700 sqft · RM 214 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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