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Penang, Timur Laut, Jelutong

TAMAN PELANGI INDAH

Area Intelligence
Median Price
RM 370,000
PSF: RM 515
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Residential PSF Trends

Median Price

RM 352,500

PSF: RM 512

Commercial PSF Trends

Median Price

RM 925,000

RM 547 PSF

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 31 subsale transactions between 2021 and 2025, with a median price of RM 370K and a median price per square foot (PSF) of RM 515.

This area contains both residential and commercial properties. View 26 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 370K, with most transactions falling within a stable range of RM 335K to RM 405K, and a typical market range of RM 335K to RM 405K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 515, with most transactions between RM 472 and RM 558. The usual range is RM 472.25 to RM 557.75, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 43, 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 INDAH, Timur Laut, Penang

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Transactions

31 transactions grouped by size

View Type

Grouped View Individual View
700 sqft
Flat
RM 318,000
Level 15
689 sqft · RM 462 PSF
RM 330,000
Level 9
689 sqft · RM 479 PSF
RM 355,000
Level 9
689 sqft · RM 515 PSF
RM 370,000
Level 5
689 sqft · RM 537 PSF
RM 385,000
Level 17
689 sqft · RM 559 PSF
RM 330,000
Level 13
689 sqft · RM 479 PSF
View 20 more transactions
1,650 sqft
Shop/Retail Lot
RM 925,000
Level G
1,658 sqft · RM 558 PSF
RM 651,000
Level G
1,668 sqft · RM 390 PSF
1,700 sqft
Shop/Retail Lot
RM 1,420,000
Level G
1,690 sqft · RM 840 PSF
RM 925,000
Level G
1,690 sqft · RM 547 PSF
1,750 sqft
Shop/Retail Lot
RM 651,000
Level G
1,744 sqft · RM 373 PSF

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