TAMAN PELANGI INDAH

Area Intelligence
2 subsale transactions
2025
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Median Price
RM 869,000
PSF: RM 651

Residential PSF Trends

Median Price

RM 318,000

PSF: RM 462

Commercial PSF Trends

Median Price

RM 1,420,000

RM 840 PSF

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 2 subsale transactions in 2025, with a median price of RM 869K and a median price per square foot (PSF) of RM 651.

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 869K, with most transactions falling within a stable range of RM 318K to RM 1.42 million, and a typical market range of RM 834K to RM 904K.

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

Price per square foot shows a median of RM 651, though individual units vary from RM 462 to RM 840 in the core range. The broader market spans RM 608.25 to RM 693.75, indicating diverse property characteristics. A wider spread (IQR: RM 85.50) and deviation (MAD: RM 189) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI INDAH, Timur Laut, Penang

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
700 sqft
Flat
RM 318,000
Level 15
689 sqft · RM 462.00 PSF
Apr 2025
1,700 sqft
Shop/Retail Lot
RM 1,420,000
Level G
1,690 sqft · RM 840.00 PSF
May 2025