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Penang, Timur Laut, Georgetown

TAMAN PELANGI

Area Intelligence
Median Price
RM 222,500
PSF: RM 349
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Residential PSF Trends

Median Price

RM 222,500

PSF: RM 349

TAMAN PELANGI in Timur Laut, Penang recorded 34 subsale transactions between 2021 and 2025, with a median price of RM 223K and a median price per square foot (PSF) of RM 349.

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 223K, with most transactions falling within a stable range of RM 175K to RM 270K, and a typical market range of RM 175K to RM 270K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 349, with most transactions between RM 323 and RM 374. The usual range is RM 322.50 to RM 374.50, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN PELANGI, Timur Laut, Penang

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Transactions

34 transactions grouped by size

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600 sqft
RM 250,000
Level 6
581 sqft · RM 430 PSF
RM 190,000
Level 17
581 sqft · RM 327 PSF
RM 195,000
Level 14
581 sqft · RM 335 PSF
RM 201,000
Level 14
581 sqft · RM 346 PSF
RM 200,000
Level 9
581 sqft · RM 344 PSF
RM 195,000
Level 6
581 sqft · RM 335 PSF
View 14 more transactions
800 sqft
Flat
RM 300,000
Level 3
775 sqft · RM 387 PSF
RM 300,000
Level 10
775 sqft · RM 387 PSF
RM 270,000
Level 5
775 sqft · RM 348 PSF
RM 350,000
Level 3
775 sqft · RM 452 PSF
RM 290,000
Level 14
775 sqft · RM 374 PSF
RM 300,000
Level 9
775 sqft · RM 387 PSF
View 8 more transactions

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There are currently no properties listed for sale in this area.

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