TAMAN PELANGI

TAMAN PELANGI in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 200K and a median price per square foot (PSF) of RM 344.

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 200K, with most transactions falling within a stable range of RM 177K to RM 223K, and a typical market range of RM 154K to RM 230K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 344, with core pricing between RM 305 and RM 383. Market pricing typically extends from RM 318.00 to RM 370.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

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.