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 |
| 2024 | |||||
|
Level 3
|
RM 350,000
|
RM 452
|
775 sqft
|
|
Flat |
|
Level 5
|
RM 270,000
|
RM 348
|
775 sqft
|
|
Flat |
|
Level 14
|
RM 290,000
|
RM 374
|
775 sqft
|
|
Flat |
|
Level 9
|
RM 300,000
|
RM 387
|
775 sqft
|
|
Flat |
|
Level 17
|
RM 270,000
|
RM 348
|
775 sqft
|
|
Flat |
| 2023 | |||||
|
Level 9
|
RM 300,000
|
RM 387
|
775 sqft
|
|
Flat |
|
Level 13
|
RM 330,000
|
RM 426
|
775 sqft
|
|
Flat |
|
Level 4
|
RM 280,000
|
RM 361
|
775 sqft
|
|
Flat |
|
Level 9
|
RM 270,000
|
RM 348
|
775 sqft
|
|
Flat |
|
Level 16
|
RM 380,000
|
RM 490
|
775 sqft
|
|
Flat |
|
Level 5
|
RM 288,000
|
RM 372
|
775 sqft
|
|
Flat |
| 2022 | |||||
|
Level 9
|
RM 340,000
|
RM 439
|
775 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 300,000
RM 387 psfMedian transaction price
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
MapsTaman Pelangi in Timur Laut, Penang recorded 14 subsale transactions between 2021 and 2026, sized between 775 and 824 sqft, with a median price of RM 300K and a median price per square foot (PSF) of RM 387.
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 300K, with most transactions falling within a stable range of RM 270K to RM 332K, and a typical market range of RM 270K to RM 347K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 387, with core pricing between RM 346 and RM 429. Market pricing typically extends from RM 361.10 to RM 413.10, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 41, 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.