TAMAN PELANGI INDAH

Area Intelligence
31 subsale transactions
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Median Price
RM 370,000
PSF: RM 515

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

OSM

Transactions

31 transactions grouped by size

700 sqft
Flat
RM 318,000
Level 15
689 sqft · RM 462.00 PSF
Apr 2025
RM 330,000
Level 9
689 sqft · RM 479.00 PSF
Oct 2024
RM 355,000
Level 9
689 sqft · RM 515.00 PSF
Sep 2024
RM 370,000
Level 5
689 sqft · RM 537.00 PSF
Aug 2024
RM 385,000
Level 17
689 sqft · RM 559.00 PSF
Jul 2024
RM 330,000
Level 13
689 sqft · RM 479.00 PSF
Jul 2024
1,650 sqft
Shop/Retail Lot
RM 925,000
Level G
1,658 sqft · RM 558.00 PSF
Sep 2023
RM 651,000
Level G
1,668 sqft · RM 390.00 PSF
Jun 2022
1,700 sqft
Shop/Retail Lot
RM 1,420,000
Level G
1,690 sqft · RM 840.00 PSF
May 2025
RM 925,000
Level G
1,690 sqft · RM 547.00 PSF
Sep 2023
1,750 sqft
Shop/Retail Lot
RM 651,000
Level G
1,744 sqft · RM 373.00 PSF
Jun 2022