TAMAN PELANGI INDAH

Area Intelligence
Industrial Unit
Median Price
RM 370,000
PSF: RM 515

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 0 Industrial Unit properties subsale transactions between 2021 and 2025 for industrial unit properties, with a median price of RM 370K and a median price per square foot (PSF) of RM 515.

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 370K, with most transactions falling within a stable range of RM 335K to RM 405K, and a typical market range of RM 335K to RM 405K.

Within the Industrial Unit category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 515, with most transactions between RM 472 and RM 558. The usual range is RM 472.25 to RM 557.75, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 43, 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

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