TAMAN PELANGI

Area Intelligence
2023
Median Price
RM 395,000
PSF: RM 91

Residential PSF Trends

Median Price

RM 395,000

PSF: RM 91

TAMAN PELANGI in Kerian, Perak recorded 1 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 91.

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 395K, with most transactions falling within a stable range of RM 388K to RM 402K, and a typical market range of RM 390K to RM 400K.

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

The median PSF stands at RM 91, with core pricing between RM 78 and RM 105. Market pricing typically extends from RM 72.38 to RM 109.63, reflecting moderate variation in unit pricing. With an IQR of RM 37.25 and MAD of RM 14, 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 PELANGI, Kerian, Perak

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