Penang
Timur Laut
Jelutong
TAMAN PELANGI INDAH

TAMAN PELANGI INDAH

Area Intelligence

2023

Median Price

RM 330,000

PSF: RM 479

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 479

Commercial PSF Trends

Median Price

RM 925,000

RM 547 PSF

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 479.

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 330K, with most transactions falling within a stable range of RM 310K to RM 365K, and a typical market range of RM 310K to RM 365K.

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

The median PSF stands at RM 479, with core pricing between RM 429 and RM 529. Market pricing typically extends from RM 436.25 to RM 521.75, reflecting moderate variation in unit pricing. With an IQR of RM 85.50 and MAD of RM 50, 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

OSM

Track location

Transactions

8 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 310,000

Level 19

689 sqft · RM 450 PSF

Oct 2023

RM 400,000

Level 12

689 sqft · RM 581 PSF

Sep 2023

RM 310,000

Level 16

689 sqft · RM 450 PSF

Jun 2023

RM 320,000

Level 18

689 sqft · RM 465 PSF

Jun 2023

RM 350,000

Level 14

689 sqft · RM 508 PSF

May 2023

RM 400,000

Level 19

689 sqft · RM 581 PSF

Apr 2023

RM 325,000

Level 10

689 sqft · RM 472 PSF

Feb 2023

RM 335,000

Level 13

689 sqft · RM 486 PSF

Feb 2023

Level 19	RM 310,000	RM 450	689 sqft	Oct 2023
Level 12	RM 400,000	RM 581	689 sqft	Sep 2023
Level 16	RM 310,000	RM 450	689 sqft	Jun 2023
Level 18	RM 320,000	RM 465	689 sqft	Jun 2023
Level 14	RM 350,000	RM 508	689 sqft	May 2023
Level 19	RM 400,000	RM 581	689 sqft	Apr 2023
Level 10	RM 325,000	RM 472	689 sqft	Feb 2023
Level 13	RM 335,000	RM 486	689 sqft	Feb 2023