TAMAN PELANGI INDAH

Area Intelligence
2025
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 834K to RM 904K, and a typical market range of RM 834K to RM 904K.

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

For price per square foot, the median is RM 651, with most transactions between RM 608 and RM 694. The usual range is RM 608.25 to RM 693.75, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI INDAH, Timur Laut, Penang

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