| 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 130,000
RM 218 psfMedian transaction price
Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 21 subsale transactions between 2021 and 2026, with a median price of RM 130K and a median price per square foot (PSF) of RM 218.
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 130K, with most transactions falling within a stable range of RM 103K to RM 157K, and a typical market range of RM 109K to RM 151K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 218, though individual units vary from RM 171 to RM 265 in the core range. The broader market spans RM 186.50 to RM 249.50, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 47 (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.