| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 155,000
|
RM 306
|
506 sqft
|
|
|
|
Level 1
|
RM 150,000
|
RM 297
|
506 sqft
|
|
|
|
Level 4
|
RM 121,000
|
RM 239
|
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
|
|
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Market Snapshot
ResidentialRM 150,000
RM 243 psfMedian transaction price
Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 150K and a median price per square foot (PSF) of RM 243.
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 150K, with most transactions falling within a stable range of RM 135K to RM 165K, and a typical market range of RM 129K to RM 170K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 243, with core pricing between RM 207 and RM 280. Market pricing typically extends from RM 211.59 to RM 274.59, reflecting moderate variation in unit pricing. With an IQR of RM 63.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.