TAMAN PELANGI INDAH

Area Intelligence
Median Price
RM 925,000
PSF: RM 547

Residential PSF Trends

Median Price

RM 352,500

PSF: RM 512

Commercial PSF Trends

Median Price

RM 925,000

RM 547 PSF

TAMAN PELANGI INDAH in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 925K and a median price per square foot (PSF) of RM 547.

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 925K, with most transactions falling within a stable range of RM 651K to RM 1.21 million, and a typical market range of RM 890K to RM 960K.

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

Price per square foot shows a median of RM 547, though individual units vary from RM 379 to RM 715 in the core range. The broader market spans RM 504.25 to RM 589.75, indicating diverse property characteristics. A wider spread (IQR: RM 85.50) and deviation (MAD: RM 168) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN PELANGI INDAH, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,650 sqft
Shop/Retail Lot
RM 925,000
Level G
1,658 sqft · RM 558 PSF
RM 651,000
Level G
1,668 sqft · RM 390 PSF
1,700 sqft
Shop/Retail Lot
RM 1,420,000
Level G
1,690 sqft · RM 840 PSF
RM 925,000
Level G
1,690 sqft · RM 547 PSF
1,750 sqft
Shop/Retail Lot
RM 651,000
Level G
1,744 sqft · RM 373 PSF

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There are currently no properties listed for sale in this area.

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