| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 16
|
RM 340,000
|
RM 494
|
689 sqft
|
|
|
|
Level 15
|
RM 318,000
|
RM 462
|
689 sqft
|
|
|
|
Level 9
|
RM 330,000
|
RM 479
|
689 sqft
|
|
|
|
Level 9
|
RM 355,000
|
RM 515
|
689 sqft
|
|
|
|
Level 5
|
RM 370,000
|
RM 537
|
689 sqft
|
|
|
|
Level 17
|
RM 385,000
|
RM 559
|
689 sqft
|
|
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Market Snapshot
RM 350,000
RM 508 psfMedian transaction price
RM 925,000
RM 547 psfMedian transaction price
11600, Lintang Sungai Pinang, Taman Pelangi Indah, 11600 Jelutong, Pulau Pinang, Malaysia
MapsTaman Pelangi Indah in Timur Laut, Penang recorded 27 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 508.
This area contains both residential and commercial properties. View 27 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 350K, with most transactions falling within a stable range of RM 318K to RM 382K, and a typical market range of RM 315K to RM 385K.
Within the Flat category, flats dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 508, with most transactions between RM 461 and RM 555. The usual range is RM 466.69 to RM 549.44, showing that most units are priced quite close to each other. With an IQR of RM 82.75 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. Moderate transaction volume may require patience when buying or selling.