| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pelangi 14
|
RM 280,000
|
RM 317
|
883 sqft
|
|
|
|
Jalan Pelangi 16
|
RM 260,000
|
RM 295
|
883 sqft
|
|
|
|
Jalan Pelangi 12
|
RM 253,000
|
RM 287
|
883 sqft
|
|
|
|
Jalan Pelangi 10
|
RM 220,000
|
RM 249
|
883 sqft
|
|
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Market Snapshot
ResidentialRM 256,500
RM 291 psfMedian transaction price
Taman Pelangi, 48000 Rawang, Selangor, Malaysia
MapsTaman Pelangi in Gombak, Selangor recorded 4 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM 257K and a median price per square foot (PSF) of RM 291.
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 257K, with most transactions falling within a stable range of RM 235K to RM 278K, and a typical market range of RM 220K to RM 280K.
Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 291, with most transactions between RM 266 and RM 315. The usual range is RM 272.49 to RM 308.74, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.25 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.
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.