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
|
|---|---|---|---|---|---|
| 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 |
Kopitiam is the corner kopi shop where neighbours lepak, sembang, and catch up..
On List.my, every location also got one. The kaki you see lepak-ing around are real people checking out this same area right now.
Pull up a stool, be nice and chat anything about this location or more!
Every kopitiam is for one state only. You see everyone browsing that same state, live, and they see you too.
Whatever you say, everyone in this state's kopitiam sees it straight away.
You stay anonymous, no name or sign-in needed. Logged in? You can choose to show your name.
Promote your property to visitors of this page
Market Snapshot
ResidentialRM 188,000
RM 323 psfMedian transaction price
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
MapsTaman Pelangi in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 188K and a median price per square foot (PSF) of RM 323.
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 188K, with most transactions falling within a stable range of RM 171K to RM 200K, and a typical market range of RM 160K to RM 200K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 323, with most transactions between RM 295 and RM 352. The usual range is RM 297.44 to RM 349.44, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 29, 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.