TAMAN PELANGI

Area Intelligence
Median Price
RM 197,500
PSF: RM 340

Residential PSF Trends

Median Price

RM 197,500

PSF: RM 340

TAMAN PELANGI in Timur Laut, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 198K and a median price per square foot (PSF) of RM 340.

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 198K, with most transactions falling within a stable range of RM 173K to RM 222K, and a typical market range of RM 150K to RM 245K.

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

The median PSF stands at RM 340, with core pricing between RM 298 and RM 381. Market pricing typically extends from RM 313.50 to RM 365.50, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 42, 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.

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TAMAN PELANGI, Timur Laut, Penang

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Transactions

20 transactions grouped by size

600 sqft
RM 250,000
Level 6
581 sqft · RM 430 PSF
RM 190,000
Level 17
581 sqft · RM 327 PSF
RM 195,000
Level 14
581 sqft · RM 335 PSF
RM 201,000
Level 14
581 sqft · RM 346 PSF
RM 200,000
Level 9
581 sqft · RM 344 PSF
RM 195,000
Level 6
581 sqft · RM 335 PSF

No Properties For Sale

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

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