Taman Pelangi

Perai, Pulau Pinang, Malaysia

Property Transactions

33 subsales found

Median
RM84,000
PSF
RM150
Price Size
Period
transactions middle 50% (P25–P75)
RM103,000
Level 2
689 sqft RM150 PSF
RM60,000
Level 5
506 sqft RM119 PSF
RM100,000
Level 2
506 sqft RM198 PSF
RM104,000
Level 5
506 sqft RM206 PSF
RM106,000
Level 4
506 sqft RM210 PSF
RM90,000
Level 5
689 sqft RM131 PSF
RM130,000
Level 4
506 sqft RM257 PSF
RM74,000
Level 4
506 sqft RM146 PSF
RM89,000
Level 3
506 sqft RM176 PSF
RM80,000
Level 3
506 sqft RM158 PSF
RM75,000
Level 3
506 sqft RM148 PSF
RM75,000
Level 3
689 sqft RM109 PSF
RM70,000
Level 4
506 sqft RM138 PSF
RM85,000
Level 3
506 sqft RM168 PSF
RM67,000
Level 5
506 sqft RM132 PSF
RM80,000
Level 1
506 sqft RM158 PSF
RM95,000
Level 3
689 sqft RM138 PSF
RM70,000
Level 5
506 sqft RM138 PSF
RM68,000
Level 5
506 sqft RM134 PSF
RM85,000
Level 3
506 sqft RM168 PSF
RM84,000
Level 4
689 sqft RM122 PSF
RM102,000
Level G
506 sqft RM202 PSF
RM70,000
Level 5
506 sqft RM138 PSF
RM75,000
Level 4
506 sqft RM148 PSF
RM90,000
Level 3
506 sqft RM178 PSF
RM105,000
Level 2
689 sqft RM152 PSF
RM75,000
Level 2
506 sqft RM148 PSF
RM67,000
Level 2
506 sqft RM132 PSF
RM120,000
Level 3
700 sqft RM172 PSF
RM65,000
Level 4
506 sqft RM128 PSF
RM125,000
Level 3
506 sqft RM247 PSF
RM100,000
Level 3
506 sqft RM198 PSF
RM80,000
Level 3
506 sqft RM158 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM84,000

RM150 psf

Median transaction price

High

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Taman Pelangi
© OpenStreetMap · CARTO

Taman Pelangi, Perai, Pulau Pinang, Malaysia

Maps

Taman Pelangi in Seberang Perai Tengah, Penang recorded 33 subsale transactions in 2022, with a median price of RM84K and a median price per square foot (PSF) of RM150.

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 RM84K, with most transactions falling within a stable range of RM66K to RM102K, and a typical market range of RM63K to RM105K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM150, though individual units vary from RM115 to RM184 in the core range. The broader market spans RM118.02 to RM181.02, indicating diverse property characteristics. The spread of RM63.00 (IQR) and deviation of RM35 (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.