Penang
Timur Laut
Georgetown
TAMAN PELANGI

TAMAN PELANGI

Area Intelligence

Low-Cost Flat

Median Price

RM 192,000

PSF: RM 330

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Residential PSF Trends

Median Price

RM 192,000

PSF: RM 330

TAMAN PELANGI in Timur Laut, Penang recorded 1 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 192K and a median price per square foot (PSF) of RM 330.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Low-Cost Flat category, flats dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 330, with most transactions between RM 330 and RM 330. The usual range is RM 304.00 to RM 356.00, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 0, 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.

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TAMAN PELANGI, Timur Laut, Penang

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