Area Intelligence

TAMAN PERUSAHAAN PELANGI

5 properties
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Median Price
RM 3,029,000
PSF: RM 316

Commercial Market

Median Price

RM 3,029,000

RM 316 PSF 7.3%

PSF Trends (2021-2025)

TAMAN PERUSAHAAN PELANGI in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 3.03 million and a median price per square foot (PSF) of RM 316.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 3.03 million, with most transactions falling within a stable range of RM 2.56 million to RM 3.50 million, and a typical market range of RM 2.58 million to RM 3.48 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PERUSAHAAN PELANGI, Seberang Perai Tengah, Penang

OSM

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Transactions

5 properties grouped by size

7,500 sqft
1 units Semi-D Factory
RM 2,371,000
LORONG PERUSAHAAN MAJU 11
7,502 sqft · RM 316.00 PSF
Mar 2024
9,550 sqft
2 units Semi-D Factory
RM 3,500,000
LORONG PERUSAHAAN MAJU 12
9,526 sqft · RM 367.00 PSF
Sep 2024
RM 2,600,000
LORONG PERUSAHAAN MAJU 12
9,537 sqft · RM 273.00 PSF
Dec 2023
9,600 sqft
1 units Semi-D Factory
RM 3,029,000
LORONG PERUSAHAAN MAJU 11
9,580 sqft · RM 316.00 PSF
Mar 2024
11,100 sqft
1 units Semi-D Factory
RM 3,500,000
LORONG PERUSAHAAN MAJU 12
11,087 sqft · RM 316.00 PSF
Jun 2023