| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 16
|
RM 340,000
|
RM 494
|
689 sqft
|
|
|
|
Level 15
|
RM 318,000
|
RM 462
|
689 sqft
|
|
|
|
Level 9
|
RM 330,000
|
RM 479
|
689 sqft
|
|
|
|
Level 9
|
RM 355,000
|
RM 515
|
689 sqft
|
|
|
|
Level 5
|
RM 370,000
|
RM 537
|
689 sqft
|
|
|
|
Level 13
|
RM 330,000
|
RM 479
|
689 sqft
|
|
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Market Snapshot
RM 342,500
RM 497 psfMedian transaction price
RM 1,420,000
RM 840 psfMedian transaction price
11600, Lintang Sungai Pinang, Taman Pelangi Indah, 11600 Jelutong, Pulau Pinang, Malaysia
MapsTaman Pelangi Indah in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 345K and a median price per square foot (PSF) of RM 501.
This area contains both residential and commercial properties. View 27 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 345K, with most transactions falling within a stable range of RM 318K to RM 654K, and a typical market range of RM 318K to RM 380K.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM 501, though individual units vary from RM 398 to RM 603 in the core range. The broader market spans RM 459.44 to RM 542.19, indicating diverse property characteristics. The spread of RM 82.75 (IQR) and deviation of RM 102 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.