| LIST.MY · Taman Pelangi | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2021 | |||||
|
Level 1
|
RM70,000
|
RM138
|
506 sqft
|
|
LC Flat |
|
Level 1
|
RM75,000
|
RM148
|
506 sqft
|
|
LC Flat |
|
Level 1
|
RM90,000
|
RM178
|
506 sqft
|
|
LC Flat |
|
Level 3
|
RM65,000
|
RM128
|
506 sqft
|
|
LC Flat |
|
Level 4
|
RM83,000
|
RM164
|
506 sqft
|
|
LC Flat |
|
Level 4
|
RM120,000
|
RM237
|
506 sqft
|
|
LC Flat |
|
Level 1
|
RM130,000
|
RM189
|
689 sqft
|
|
LC Flat |
|
Level 2
|
RM90,000
|
RM131
|
689 sqft
|
|
LC Flat |
|
Level 3
|
RM77,000
|
RM152
|
506 sqft
|
|
LC Flat |
|
Level 3
|
RM78,000
|
RM154
|
506 sqft
|
|
LC Flat |
|
Level 3
|
RM93,000
|
RM135
|
689 sqft
|
|
LC Flat |
|
Level 4
|
RM90,000
|
RM131
|
689 sqft
|
|
LC Flat |
|
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 RM83,000.
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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
ResidentialRM83,000
RM141 psfMedian transaction price
Does TAMAN PELANGI rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Taman Pelangi, Perai, Pulau Pinang, Malaysia
MapsTaman Pelangi in Seberang Perai Tengah, Penang recorded 26 subsale transactions in 2021, with a median price of RM83K and a median price per square foot (PSF) of RM141.
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 RM83K, with most transactions falling within a stable range of RM66K to RM100K, and a typical market range of RM63K to RM104K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM141, though individual units vary from RM112 to RM170 in the core range. The broader market spans RM109.83 to RM172.83, indicating diverse property characteristics. The spread of RM63.00 (IQR) and deviation of RM29 (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. Moderate transaction volume may require patience when buying or selling.