Penang
Timur Laut
Jelutong
TAMAN PELANGI INDAH

TAMAN PELANGI INDAH

Area Intelligence

2022

Median Price

RM 377,500

PSF: RM 548

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Residential PSF Trends

Median Price

RM 377,500

PSF: RM 548

Commercial PSF Trends

Median Price

RM 925,000

RM 547 PSF

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 378K and a median price per square foot (PSF) of RM 548.

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 378K, with most transactions falling within a stable range of RM 345K to RM 410K, and a typical market range of RM 343K to RM 413K.

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

For price per square foot, the median is RM 548, with most transactions between RM 501 and RM 595. The usual range is RM 505.25 to RM 590.75, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 47, 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

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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 338,000

Level 8

689 sqft · RM 491 PSF

Nov 2022

RM 420,000

Level 17

689 sqft · RM 610 PSF

Oct 2022

RM 310,000

Level 12

689 sqft · RM 450 PSF

Sep 2022

RM 400,000

Level 20

689 sqft · RM 581 PSF

Sep 2022

RM 363,000

Level 6

689 sqft · RM 527 PSF

Jul 2022

RM 380,000

Level 6

689 sqft · RM 552 PSF

Jun 2022

RM 375,000

Level 13

689 sqft · RM 544 PSF

May 2022

RM 380,000

Level 6

689 sqft · RM 552 PSF

Apr 2022

Level 8	RM 338,000	RM 491	689 sqft	Nov 2022
Level 17	RM 420,000	RM 610	689 sqft	Oct 2022
Level 12	RM 310,000	RM 450	689 sqft	Sep 2022
Level 20	RM 400,000	RM 581	689 sqft	Sep 2022
Level 6	RM 363,000	RM 527	689 sqft	Jul 2022
Level 6	RM 380,000	RM 552	689 sqft	Jun 2022
Level 13	RM 375,000	RM 544	689 sqft	May 2022
Level 6	RM 380,000	RM 552	689 sqft	Apr 2022