Taman Pelangi
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM250,000
|
RM430
|
581 sqft
|
|
|
|
Level 14
|
RM195,000
|
RM335
|
581 sqft
|
|
|
|
Level 17
|
RM190,000
|
RM327
|
581 sqft
|
|
|
|
Level 6
|
RM195,000
|
RM335
|
581 sqft
|
|
|
|
Level 9
|
RM200,000
|
RM344
|
581 sqft
|
|
|
|
Level 14
|
RM201,000
|
RM346
|
581 sqft
|
|
|
|
Level 6
|
RM200,000
|
RM344
|
581 sqft
|
|
|
Level 3
|
RM300,000
|
RM387
|
775 sqft
|
|
|
|
Level 10
|
RM300,000
|
RM387
|
775 sqft
|
|
|
|
Level 3
|
RM350,000
|
RM452
|
775 sqft
|
|
|
|
Level 5
|
RM270,000
|
RM348
|
775 sqft
|
|
|
|
Level 14
|
RM290,000
|
RM374
|
775 sqft
|
|
|
|
Level 9
|
RM300,000
|
RM387
|
775 sqft
|
|
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Taman Pelangi
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM250,000
RM348 psfMedian transaction price
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98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
MapsTaman Pelangi in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2026, with a median price of RM250K and a median price per square foot (PSF) of RM348.
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 RM250K, with most transactions falling within a stable range of RM197K to RM303K, and a typical market range of RM203K to RM297K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM348, with core pricing between RM311 and RM385. Market pricing typically extends from RM322.39 to RM374.39, reflecting moderate variation in unit pricing. With an IQR of RM52.00 and MAD of RM37, 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.