Area Intelligence

TAMAN PELANGI

1 properties
2025
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Median Price
RM 100,000
PSF: RM 145

Residential Market

Median Price

RM 100,000

IQR: RM 60
MAD: RM 25
RM 145 PSF 16.1%

PSF Trends (2021-2025)

TAMAN PELANGI in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2025, with a median price of RM 100K and a median price per square foot (PSF) of RM 145.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 145, with most transactions between RM 145 and RM 145. The usual range is RM 115.00 to RM 175.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 0, 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.

Area Location

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TAMAN PELANGI, Seberang Perai Tengah, Penang

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Transactions

1 properties found

Low-Cost Flat
RM 100,000
689 sqft Jan 2025
RM 145.00 PSF