TAMAN PELANGI

Area Intelligence
Median Price
RM 315,000
PSF: RM 406

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 406

TAMAN PELANGI in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, priced between RM 300K and RM 750K, with a median price of RM 315K and a median price per square foot (PSF) of RM 406.

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 315K, with most transactions falling within a stable range of RM 300K to RM 343K, and a typical market range of RM 300K to RM 362K.

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

For price per square foot, the median is RM 406, with most transactions between RM 370 and RM 443. The usual range is RM 380.45 to RM 432.45, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 37, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI, Timur Laut, Penang

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Property Transactions

8 transactions grouped by size

800 sqft
Flat
RM 300,000
Level 3
775 sqft · RM 387 PSF
RM 300,000
Level 10
775 sqft · RM 387 PSF
RM 350,000
Level 3
775 sqft · RM 452 PSF
RM 300,000
Level 9
775 sqft · RM 387 PSF
RM 300,000
Level 9
775 sqft · RM 387 PSF
RM 330,000
Level 13
775 sqft · RM 426 PSF
RM 380,000
Level 16
775 sqft · RM 490 PSF
RM 340,000
Level 9
775 sqft · RM 439 PSF

No Properties For Sale

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

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