Taman Pelangi
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM 250,000
|
RM 430
|
581 sqft
|
|
|
|
Level 14
|
RM 195,000
|
RM 335
|
581 sqft
|
|
|
|
Level 17
|
RM 190,000
|
RM 327
|
581 sqft
|
|
|
|
Level 6
|
RM 195,000
|
RM 335
|
581 sqft
|
|
|
|
Level 9
|
RM 200,000
|
RM 344
|
581 sqft
|
|
|
|
Level 14
|
RM 201,000
|
RM 346
|
581 sqft
|
|
|
|
Level 6
|
RM 200,000
|
RM 344
|
581 sqft
|
|
|
Level 3
|
RM 300,000
|
RM 387
|
775 sqft
|
|
|
|
Level 10
|
RM 300,000
|
RM 387
|
775 sqft
|
|
|
|
Level 3
|
RM 350,000
|
RM 452
|
775 sqft
|
|
|
|
Level 5
|
RM 270,000
|
RM 348
|
775 sqft
|
|
|
|
Level 14
|
RM 290,000
|
RM 374
|
775 sqft
|
|
|
|
Level 9
|
RM 300,000
|
RM 387
|
775 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 348 psfMedian transaction price
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
MapsTaman Pelangi in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2026, with a median price of RM 250K and a median price per square foot (PSF) of RM 348.
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 250K, with most transactions falling within a stable range of RM 197K to RM 303K, and a typical market range of RM 203K to RM 297K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 348, with core pricing between RM 311 and RM 385. Market pricing typically extends from RM 322.39 to RM 374.39, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 37, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.