|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 4
|
RM 170,000
|
RM 247
|
689 sqft
|
|
LC Flat |
|
Level 5
|
RM 150,000
|
RM 218
|
689 sqft
|
|
LC Flat |
|
Level 1
|
RM 145,000
|
RM 210
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 100,000
|
RM 145
|
689 sqft
|
|
LC Flat |
| 2024 | |||||
|
Level 2
|
RM 175,000
|
RM 254
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 130,000
|
RM 186
|
700 sqft
|
|
LC Flat |
|
Level 5
|
RM 150,000
|
RM 214
|
700 sqft
|
|
LC Flat |
|
Level 4
|
RM 150,000
|
RM 214
|
700 sqft
|
|
LC Flat |
|
Level 3
|
RM 110,000
|
RM 160
|
689 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 3
|
RM 102,000
|
RM 148
|
689 sqft
|
|
LC Flat |
|
Level 5
|
RM 95,000
|
RM 138
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 120,000
|
RM 174
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 90,000
|
RM 131
|
689 sqft
|
|
LC Flat |
|
Level 2
|
RM 95,000
|
RM 138
|
689 sqft
|
|
LC Flat |
|
Level 5
|
RM 87,000
|
RM 124
|
700 sqft
|
|
LC Flat |
|
Level 3
|
RM 95,000
|
RM 138
|
689 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 2
|
RM 103,000
|
RM 150
|
689 sqft
|
|
LC Flat |
|
Level 5
|
RM 90,000
|
RM 131
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 75,000
|
RM 109
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 95,000
|
RM 138
|
689 sqft
|
|
LC Flat |
|
Level 4
|
RM 84,000
|
RM 122
|
689 sqft
|
|
LC Flat |
|
Level 2
|
RM 105,000
|
RM 152
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 120,000
|
RM 172
|
700 sqft
|
|
LC Flat |
| 2021 | |||||
|
Level 2
|
RM 90,000
|
RM 131
|
689 sqft
|
|
LC Flat |
|
Level 1
|
RM 130,000
|
RM 189
|
689 sqft
|
|
LC Flat |
|
Level 4
|
RM 90,000
|
RM 131
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM 93,000
|
RM 135
|
689 sqft
|
|
LC Flat |
|
Level 4
|
RM 78,000
|
RM 113
|
689 sqft
|
|
LC Flat |
|
Level 2
|
RM 120,000
|
RM 174
|
689 sqft
|
|
LC Flat |
|
Level 2
|
RM 90,000
|
RM 131
|
689 sqft
|
|
LC Flat |
|
Level 1
|
RM 63,000
|
RM 91
|
689 sqft
|
|
LC Flat |
|
Level 1
|
RM 90,000
|
RM 131
|
689 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 97,500
RM 142 psfMedian transaction price
Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 32 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 98K and a median price per square foot (PSF) of RM 142.
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 98K, with most transactions falling within a stable range of RM 70K to RM 125K, and a typical market range of RM 77K to RM 118K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 142, though individual units vary from RM 102 to RM 181 in the core range. The broader market spans RM 110.03 to RM 173.03, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 40) 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.