Taman Pelangi

Perai, Pulau Pinang, Malaysia

Property Transactions

81 subsales found

Median
RM 85,000
PSF
RM 168
Price Size
RM 155,000
Level 2
506 sqft RM 306 PSF
RM 121,000
Level 4
506 sqft RM 239 PSF
RM 150,000
Level 1
506 sqft RM 297 PSF
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 130,000
Level 4
506 sqft RM 257 PSF
RM 80,000
Level 3
506 sqft RM 158 PSF
RM 88,000
Level 4
506 sqft RM 174 PSF
RM 125,000
Level 5
506 sqft RM 247 PSF
RM 125,000
Level 3
506 sqft RM 247 PSF
RM 115,000
Level 2
506 sqft RM 227 PSF
RM 145,000
Level 1
506 sqft RM 287 PSF
RM 100,000
Level 3
506 sqft RM 198 PSF
RM 130,000
Level 1
506 sqft RM 257 PSF
RM 75,000
Level 5
506 sqft RM 148 PSF
RM 130,000
Level 1
506 sqft RM 257 PSF
RM 83,000
Level 3
506 sqft RM 164 PSF
RM 85,000
Level 4
506 sqft RM 168 PSF
RM 150,000
Level 5
506 sqft RM 297 PSF
RM 100,000
Level 5
506 sqft RM 198 PSF
RM 80,000
Level 3
506 sqft RM 158 PSF
RM 106,000
Level 2
506 sqft RM 210 PSF
RM 80,000
Level 2
506 sqft RM 158 PSF
RM 95,000
Level 4
506 sqft RM 188 PSF
RM 80,000
Level 2
506 sqft RM 158 PSF
RM 80,000
Level 3
506 sqft RM 158 PSF
RM 128,000
Level 3
506 sqft RM 253 PSF
RM 70,000
Level 5
506 sqft RM 138 PSF
RM 100,000
Level 1
506 sqft RM 198 PSF
RM 50,000
Level 4
506 sqft RM 99 PSF
RM 118,000
Level 2
506 sqft RM 233 PSF
RM 130,000
Level 1
506 sqft RM 257 PSF
RM 96,000
Level 5
506 sqft RM 190 PSF
RM 75,000
Level 4
506 sqft RM 148 PSF
RM 92,000
Level 1
506 sqft RM 182 PSF
RM 65,000
Level 1
506 sqft RM 128 PSF
RM 100,000
Level 2
506 sqft RM 198 PSF
RM 60,000
Level 5
506 sqft RM 119 PSF
RM 104,000
Level 5
506 sqft RM 206 PSF
RM 106,000
Level 4
506 sqft RM 210 PSF
RM 130,000
Level 4
506 sqft RM 257 PSF
RM 74,000
Level 4
506 sqft RM 146 PSF
RM 89,000
Level 3
506 sqft RM 176 PSF
RM 80,000
Level 3
506 sqft RM 158 PSF
RM 75,000
Level 3
506 sqft RM 148 PSF
RM 70,000
Level 4
506 sqft RM 138 PSF
RM 85,000
Level 3
506 sqft RM 168 PSF
RM 67,000
Level 5
506 sqft RM 132 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 85,000

RM 168 psf

Median transaction price

High

Rental Yield Data

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Taman Pelangi
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Taman Pelangi, Perai, Pulau Pinang, Malaysia

Maps

Taman Pelangi in Seberang Perai Tengah, Penang recorded 81 subsale transactions between 2021 and 2026, sized between 475 and 524 sqft, with a median price of RM 85K and a median price per square foot (PSF) of RM 168.

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 85K, with most transactions falling within a stable range of RM 60K to RM 110K, and a typical market range of RM 64K to RM 106K.

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

Price per square foot shows a median of RM 168, though individual units vary from RM 119 to RM 217 in the core range. The broader market spans RM 136.52 to RM 199.52, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 49) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.