TAMAN PELANGI INDAH

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 26 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 353K and a median price per square foot (PSF) of RM 512.

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 353K, with most transactions falling within a stable range of RM 320K to RM 385K, and a typical market range of RM 318K to RM 388K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 512, with most transactions between RM 464 and RM 559. The usual range is RM 468.75 to RM 554.25, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 48, 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.