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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 3
|
RM 300,000
|
RM 387
|
775 sqft
|
|
Flat |
|
Level 10
|
RM 300,000
|
RM 387
|
775 sqft
|
|
Flat |
|
Level 6
|
RM 250,000
|
RM 430
|
581 sqft
|
|
Flat |
|
Level 17
|
RM 190,000
|
RM 327
|
581 sqft
|
|
Flat |
|
Level 14
|
RM 195,000
|
RM 335
|
581 sqft
|
|
Flat |
| 2024 | |||||
|
Level 5
|
RM 270,000
|
RM 348
|
775 sqft
|
|
Flat |
|
Level 3
|
RM 350,000
|
RM 452
|
775 sqft
|
|
Flat |
|
Level 14
|
RM 201,000
|
RM 346
|
581 sqft
|
|
Flat |
|
Level 9
|
RM 200,000
|
RM 344
|
581 sqft
|
|
Flat |
|
Level 6
|
RM 195,000
|
RM 335
|
581 sqft
|
|
Flat |
|
Level 14
|
RM 290,000
|
RM 374
|
775 sqft
|
|
Flat |
|
Level 6
|
RM 200,000
|
RM 344
|
581 sqft
|
|
Flat |
|
Level 9
|
RM 300,000
|
RM 387
|
775 sqft
|
|
Flat |
|
Level 17
|
RM 270,000
|
RM 348
|
775 sqft
|
|
Flat |
| 2023 | |||||
|
Level 10
|
RM 220,000
|
RM 378
|
581 sqft
|
|
Flat |
|
Level 9
|
RM 300,000
|
RM 387
|
775 sqft
|
|
Flat |
|
Level 4
|
RM 150,000
|
RM 258
|
581 sqft
|
|
Flat |
|
Level 13
|
RM 330,000
|
RM 426
|
775 sqft
|
|
Flat |
|
Level 4
|
RM 280,000
|
RM 361
|
775 sqft
|
|
Flat |
|
Level 16
|
RM 380,000
|
RM 490
|
775 sqft
|
|
Flat |
|
Level 9
|
RM 270,000
|
RM 348
|
775 sqft
|
|
Flat |
|
Level 12
|
RM 175,000
|
RM 301
|
581 sqft
|
|
Flat |
|
Level 16
|
RM 192,000
|
RM 330
|
581 sqft
|
|
LC Flat |
|
Level 11
|
RM 230,000
|
RM 396
|
581 sqft
|
|
Flat |
|
Level 17
|
RM 203,000
|
RM 349
|
581 sqft
|
|
Flat |
|
Level 5
|
RM 288,000
|
RM 372
|
775 sqft
|
|
Flat |
|
Level 4
|
RM 150,000
|
RM 258
|
581 sqft
|
|
Flat |
| 2022 | |||||
|
Level 12
|
RM 225,000
|
RM 387
|
581 sqft
|
|
Flat |
|
Level 9
|
RM 340,000
|
RM 439
|
775 sqft
|
|
Flat |
|
Level 11
|
RM 195,000
|
RM 335
|
581 sqft
|
|
Flat |
|
Level 7
|
RM 210,000
|
RM 361
|
581 sqft
|
|
Flat |
| 2021 | |||||
|
Level 4
|
RM 200,000
|
RM 344
|
581 sqft
|
|
Flat |
|
Level 11
|
RM 188,000
|
RM 323
|
581 sqft
|
|
Flat |
|
Level 3
|
RM 160,000
|
RM 275
|
581 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 222,500
RM 349 psfMedian transaction price
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
MapsTaman Pelangi in Timur Laut, Penang recorded 34 subsale transactions between 2021 and 2026, with a median price of RM 223K and a median price per square foot (PSF) of RM 426.
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 426, with most transactions between RM 400 and RM 451. The usual range is RM 399.81 to RM 451.81, 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.