| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 155,000
|
RM 306
|
506 sqft
|
|
|
|
Level 4
|
RM 121,000
|
RM 239
|
506 sqft
|
|
|
|
Level 1
|
RM 150,000
|
RM 297
|
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 112,500
RM 204 psfMedian transaction price
Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 42 subsale transactions between 2021 and 2026, with a median price of RM 113K and a median price per square foot (PSF) of RM 204.
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 113K, with most transactions falling within a stable range of RM 84K to RM 141K, and a typical market range of RM 92K to RM 133K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 204, though individual units vary from RM 154 to RM 253 in the core range. The broader market spans RM 172.10 to RM 235.10, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 49 (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. Moderate transaction volume may require patience when buying or selling.