TAMAN PELANGI
Residential Market
Median Price
RM 90,000
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 0 subsale transactions between 2021 and 2025, with a median price of RM 90K and a median price per square foot (PSF) of RM 158.
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 90K, with most transactions falling within a stable range of RM 75K to RM 105K, and a typical market range of RM 75K to RM 105K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 158, with core pricing between RM 133 and RM 183. Market pricing typically extends from RM 128.00 to RM 188.00, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.