TAMAN PELANGI
Residential Market
Median Price
RM 84,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
113 properties
Median Price
RM 95,000
+4.8% CAGR
Median PSF
RM 150.00
+1.2% CAGR
Flat
28 properties
Median Price
RM 233,750
+12.8% CAGR
Median PSF
RM 357.25
+2.5% CAGR
Double Storey Terraced
17 properties
Median Price
RM 402,500
+45.8% CAGR
Median PSF
RM 276.50
+23.8% CAGR
Single Storey Terraced
14 properties
Median Price
RM 323,750
+2.9% CAGR
Median PSF
RM 224.00
+11.1% CAGR
Low-Cost House
11 properties
Median Price
RM 176,500
+7.1% CAGR
Median PSF
RM 210.50
+7.1% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Low-Cost Flat | 113 |
RM 95,000
±11K MAD
|
+4.77% |
RM 150.00
±8 MAD
|
+1.24% | |
Flat | 28 |
RM 233,750
±26K MAD
|
+12.82% |
RM 357.25
±13 MAD
|
+2.52% | |
Double Storey Terraced | 17 |
RM 402,500
±43K MAD
|
+45.81% |
RM 276.50
±30 MAD
|
+23.79% | |
Single Storey Terraced | 14 |
RM 323,750
±27K MAD
|
+2.87% |
RM 224.00
±40 MAD
|
+11.07% | |
Low-Cost House | 11 |
RM 176,500
±50K MAD
|
+7.06% |
RM 210.50
±47 MAD
|
+7.11% |
TAMAN PELANGI in Seberang Perai Tengah, Penang recorded 78 subsale transactions between 2021 and 2025, with a median price of RM 85K and a median price per square foot (PSF) of RM 167.
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 85K, with most transactions falling within a stable range of RM 62K to RM 107K, and a typical market range of RM 70K to RM 99K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 167, though individual units vary from RM 122 to RM 212 in the core range. The broader market spans RM 137.00 to RM 197.00, indicating diverse property characteristics. A wider spread (IQR: RM 60.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
78 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost Flat |
|
RM 90,000
|
RM 178.00
|
506 sqft
|
Nov 2024
|
Low-Cost Flat |
|
RM 150,000
|
RM 297.00
|
506 sqft
|
Sep 2024
|
Low-Cost Flat |
|
RM 120,000
|
RM 237.00
|
506 sqft
|
Aug 2024
|
Low-Cost Flat |
|
RM 85,000
|
RM 168.00
|
506 sqft
|
Jul 2024
|
Low-Cost Flat |
|
RM 125,000
|
RM 247.00
|
506 sqft
|
May 2024
|
Low-Cost Flat |
|
RM 130,000
|
RM 257.00
|
506 sqft
|
May 2024
|
Low-Cost Flat |
|
RM 88,000
|
RM 174.00
|
506 sqft
|
May 2024
|
Low-Cost Flat |
|
RM 80,000
|
RM 158.00
|
506 sqft
|
May 2024
|
Low-Cost Flat |
|
RM 125,000
|
RM 247.00
|
506 sqft
|
Apr 2024
|
Low-Cost Flat |
|
RM 115,000
|
RM 227.00
|
506 sqft
|
Mar 2024
|
Low-Cost Flat |
|
RM 145,000
|
RM 287.00
|
506 sqft
|
Feb 2024
|
Low-Cost Flat |
|
RM 100,000
|
RM 198.00
|
506 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 130,000
|
RM 257.00
|
506 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 75,000
|
RM 148.00
|
506 sqft
|
Dec 2023
|
Low-Cost Flat |
|
RM 130,000
|
RM 257.00
|
506 sqft
|
Dec 2023
|
Low-Cost Flat |
|
RM 85,000
|
RM 168.00
|
506 sqft
|
Nov 2023
|
Low-Cost Flat |
|
RM 83,000
|
RM 164.00
|
506 sqft
|
Nov 2023
|
Low-Cost Flat |
|
RM 150,000
|
RM 297.00
|
506 sqft
|
Oct 2023
|
Low-Cost Flat |
|
RM 100,000
|
RM 198.00
|
506 sqft
|
Aug 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 158.00
|
506 sqft
|
Aug 2023
|
Low-Cost Flat |
|
RM 106,000
|
RM 210.00
|
506 sqft
|
Aug 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 158.00
|
506 sqft
|
Aug 2023
|
Low-Cost Flat |
|
RM 95,000
|
RM 188.00
|
506 sqft
|
Jul 2023
|
Low-Cost Flat |
|
RM 128,000
|
RM 253.00
|
506 sqft
|
Jun 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 158.00
|
506 sqft
|
Jun 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 158.00
|
506 sqft
|
Jun 2023
|
Low-Cost Flat |
|
RM 70,000
|
RM 138.00
|
506 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 100,000
|
RM 198.00
|
506 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 50,000
|
RM 99.00
|
506 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 118,000
|
RM 233.00
|
506 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 130,000
|
RM 257.00
|
506 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 96,000
|
RM 190.00
|
506 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 75,000
|
RM 148.00
|
506 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 92,000
|
RM 182.00
|
506 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 65,000
|
RM 128.00
|
506 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 60,000
|
RM 119.00
|
506 sqft
|
Dec 2022
|
Low-Cost Flat |
|
RM 100,000
|
RM 198.00
|
506 sqft
|
Dec 2022
|
Low-Cost Flat |
|
RM 106,000
|
RM 210.00
|
506 sqft
|
Nov 2022
|
Low-Cost Flat |
|
RM 104,000
|
RM 206.00
|
506 sqft
|
Nov 2022
|
Low-Cost Flat |
|
RM 130,000
|
RM 257.00
|
506 sqft
|
Oct 2022
|
Low-Cost Flat |
|
RM 74,000
|
RM 146.00
|
506 sqft
|
Oct 2022
|
Low-Cost Flat |
|
RM 89,000
|
RM 176.00
|
506 sqft
|
Oct 2022
|
Low-Cost Flat |
|
RM 80,000
|
RM 158.00
|
506 sqft
|
Oct 2022
|
Low-Cost Flat |
|
RM 75,000
|
RM 148.00
|
506 sqft
|
Oct 2022
|
Low-Cost Flat |
|
RM 70,000
|
RM 138.00
|
506 sqft
|
Sep 2022
|
Low-Cost Flat |
|
RM 85,000
|
RM 168.00
|
506 sqft
|
Sep 2022
|
Low-Cost Flat |
|
RM 67,000
|
RM 132.00
|
506 sqft
|
Aug 2022
|
Low-Cost Flat |
|
RM 80,000
|
RM 158.00
|
506 sqft
|
Aug 2022
|
Low-Cost Flat |
|
RM 70,000
|
RM 138.00
|
506 sqft
|
Jun 2022
|
Low-Cost Flat |
|
RM 68,000
|
RM 134.00
|
506 sqft
|
Jun 2022
|