Area Intelligence

TAMAN PELANGI

26 properties
2021
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Median Price
RM 83,000
PSF: RM 141

Residential Market

Median Price

RM 83,000

IQR: RM 60
MAD: RM 25
RM 141 PSF 16.1%

PSF Trends (2021-2025)

TAMAN PELANGI in Seberang Perai Tengah, Penang recorded 26 subsale transactions in 2021, with a median price of RM 83K and a median price per square foot (PSF) of RM 141.

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 83K, with most transactions falling within a stable range of RM 66K to RM 100K, and a typical market range of RM 68K to RM 98K.

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

Price per square foot shows a median of RM 141, though individual units vary from RM 112 to RM 170 in the core range. The broader market spans RM 111.00 to RM 171.00, indicating diverse property characteristics. The spread of RM 60.00 (IQR) and deviation of RM 29 (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.

Area Location

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TAMAN PELANGI, Seberang Perai Tengah, Penang

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Transactions

26 properties found

Low-Cost Flat
RM 90,000
689 sqft Dec 2021
RM 131.00 PSF
Low-Cost Flat
RM 130,000
689 sqft Dec 2021
RM 189.00 PSF
Low-Cost Flat
RM 120,000
506 sqft Dec 2021
RM 237.00 PSF
Low-Cost Flat
RM 83,000
506 sqft Dec 2021
RM 164.00 PSF
Low-Cost Flat
RM 65,000
506 sqft Dec 2021
RM 128.00 PSF
Low-Cost Flat
RM 90,000
506 sqft Dec 2021
RM 178.00 PSF
Low-Cost Flat
RM 75,000
506 sqft Dec 2021
RM 148.00 PSF
Low-Cost Flat
RM 70,000
506 sqft Dec 2021
RM 138.00 PSF
Low-Cost Flat
RM 90,000
689 sqft Nov 2021
RM 131.00 PSF
Low-Cost Flat
RM 93,000
689 sqft Nov 2021
RM 135.00 PSF
Low-Cost Flat
RM 78,000
506 sqft Nov 2021
RM 154.00 PSF
Low-Cost Flat
RM 77,000
506 sqft Nov 2021
RM 152.00 PSF
Low-Cost Flat
RM 78,000
689 sqft Oct 2021
RM 113.00 PSF
Low-Cost Flat
RM 120,000
689 sqft Oct 2021
RM 174.00 PSF
Low-Cost Flat
RM 70,000
506 sqft Oct 2021
RM 138.00 PSF
Low-Cost Flat
RM 83,000
506 sqft Oct 2021
RM 164.00 PSF
Low-Cost Flat
RM 84,000
506 sqft Oct 2021
RM 166.00 PSF
Low-Cost Flat
RM 96,000
506 sqft Oct 2021
RM 190.00 PSF
Low-Cost Flat
RM 93,000
506 sqft Oct 2021
RM 184.00 PSF
Low-Cost Flat
RM 90,000
689 sqft Sep 2021
RM 131.00 PSF
Low-Cost Flat
RM 73,000
506 sqft Sep 2021
RM 144.00 PSF
Low-Cost Flat
RM 70,000
506 sqft Sep 2021
RM 138.00 PSF
Low-Cost Flat
RM 63,000
689 sqft Aug 2021
RM 91.00 PSF
Low-Cost Flat
RM 70,000
506 sqft Jul 2021
RM 138.00 PSF
Low-Cost Flat
RM 90,000
689 sqft Apr 2021
RM 131.00 PSF
Low-Cost Flat
RM 65,000
506 sqft Jan 2021
RM 128.00 PSF