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Penang, Timur Laut, Georgetown

TAMAN PELANGI

Area Intelligence
2023
Median Price
RM 230,000
PSF: RM 361
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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 361

TAMAN PELANGI in Timur Laut, Penang recorded 13 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 361.

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 230K, with most transactions falling within a stable range of RM 178K to RM 282K, and a typical market range of RM 183K to RM 277K.

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

The median PSF stands at RM 361, with core pricing between RM 315 and RM 407. Market pricing typically extends from RM 335.00 to RM 387.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 46, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI, Timur Laut, Penang

OSM

Track location

Transactions

11 transactions found

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
RM 150,000
Level 4
581 sqft • RM 258.00 PSF
RM 220,000
Level 10
581 sqft • RM 378.00 PSF
RM 300,000
Level 9
775 sqft • RM 387.00 PSF
RM 280,000
Level 4
775 sqft • RM 361.00 PSF
RM 175,000
Level 12
581 sqft • RM 301.00 PSF
RM 270,000
Level 9
775 sqft • RM 348.00 PSF
RM 192,000
Level 16
581 sqft • RM 330.00 PSF
RM 230,000
Level 11
581 sqft • RM 396.00 PSF
RM 203,000
Level 17
581 sqft • RM 349.00 PSF
RM 288,000
Level 5
775 sqft • RM 372.00 PSF
RM 150,000
Level 4
581 sqft • RM 258.00 PSF

No Properties For Sale

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

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