| 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
|
|
|
|
Level 3
|
RM 100,000
|
RM 145
|
689 sqft
|
|
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Market Snapshot
ResidentialRM 150,000
RM 239 psfMedian transaction price
Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2025, with a median price of RM 150K and a median price per square foot (PSF) of RM 239.
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 128K to RM 170K, and a typical market range of RM 129K to RM 170K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 239, though individual units vary from RM 189 to RM 290 in the core range. The broader market spans RM 207.68 to RM 270.68, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 51 (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. 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.