TAMAN SINAR PELANGI (LAVENDER PARK)

Area Intelligence
Median Price
RM 305,000
PSF: RM 448

Residential PSF Trends

Median Price

RM 305,000

PSF: RM 448

TAMAN SINAR PELANGI (LAVENDER PARK) in Timur Laut, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 305K and a median price per square foot (PSF) of RM 448.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 305K, with most transactions falling within a stable range of RM 284K to RM 300K, and a typical market range of RM 264K to RM 300K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 448, with most transactions between RM 415 and RM 481. The usual range is RM 397.50 to RM 498.50, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 33, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SINAR PELANGI (LAVENDER PARK), Timur Laut, Penang

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Transactions

9 transactions grouped by size

650 sqft
Flat
RM 290,000
Level 7
667 sqft · RM 435 PSF
RM 300,000
Level 4
667 sqft · RM 450 PSF
700 sqft
Flat
RM 248,000
Level 8
689 sqft · RM 360 PSF
RM 270,000
Level 7
689 sqft · RM 392 PSF
RM 295,000
Level 8
700 sqft · RM 422 PSF
RM 240,000
Level 3
689 sqft · RM 348 PSF
RM 280,000
Level 8
689 sqft · RM 406 PSF
RM 300,000
Level 3
689 sqft · RM 435 PSF
RM 279,000
Level 7
689 sqft · RM 405 PSF

No Properties For Sale

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

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