Penang
Timur Laut
Jelutong
TAMAN PELANGI INDAH

TAMAN PELANGI INDAH

Area Intelligence

2025

Median Price

RM 318,000

PSF: RM 462

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Residential PSF Trends

Median Price

RM 318,000

PSF: RM 462

Commercial PSF Trends

Median Price

RM 925,000

RM 547 PSF

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 318K and a median price per square foot (PSF) of RM 462.

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.

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

For price per square foot, the median is RM 462, with most transactions between RM 462 and RM 462. The usual range is RM 419.25 to RM 504.75, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI INDAH, Timur Laut, Penang

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