| LIST.MY · Taman Pelangi | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2021 | |||||
|
Level 1
|
RM93,000
|
RM184
|
506 sqft
|
|
LC Flat |
|
Level 1
|
RM96,000
|
RM190
|
506 sqft
|
|
LC Flat |
|
Level 2
|
RM84,000
|
RM166
|
506 sqft
|
|
LC Flat |
|
Level 4
|
RM83,000
|
RM164
|
506 sqft
|
|
LC Flat |
|
Level 5
|
RM70,000
|
RM138
|
506 sqft
|
|
LC Flat |
|
Level 2
|
RM120,000
|
RM174
|
689 sqft
|
|
LC Flat |
|
Level 4
|
RM78,000
|
RM113
|
689 sqft
|
|
LC Flat |
|
Level 4
|
RM70,000
|
RM138
|
506 sqft
|
|
LC Flat |
|
Level 5
|
RM73,000
|
RM144
|
506 sqft
|
|
LC Flat |
|
Level 2
|
RM90,000
|
RM131
|
689 sqft
|
|
LC Flat |
|
Level 1
|
RM63,000
|
RM91
|
689 sqft
|
|
LC Flat |
|
Level 5
|
RM70,000
|
RM138
|
506 sqft
|
|
LC Flat |
|
Level 1
|
RM90,000
|
RM131
|
689 sqft
|
|
LC Flat |
|
Level 5
|
RM65,000
|
RM128
|
506 sqft
|
|
LC Flat |
Selling in Taman Pelangi? Homes here sold for a median of RM90,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11
Market Snapshot
ResidentialRM90,000
RM164 psfMedian transaction price
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Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 114 subsale transactions between 2021 and 2026, with a median price of RM90K and a median price per square foot (PSF) of RM164.
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 RM90K, with most transactions falling within a stable range of RM75K to RM105K, and a typical market range of RM69K to RM111K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM164, with core pricing between RM138 and RM190. Market pricing typically extends from RM132.56 to RM195.56, reflecting moderate variation in unit pricing. The spread of RM63.00 (IQR) and deviation of RM26 (MAD) suggest moderate price variations reflecting different property features.
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. Steady transaction activity supports reliable market pricing.