TAMAN PELANGI INDAH

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 536.

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 536, with most transactions between RM 527 and RM 544. The usual range is RM 492.75 to RM 578.25, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 9, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.