Taman Pelangi

98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

20 subsales found

Median
RM197,500
PSF
RM340

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM250,000
Level 6
581 sqft RM430 PSF
RM195,000
Level 14
581 sqft RM335 PSF
RM190,000
Level 17
581 sqft RM327 PSF
RM195,000
Level 6
581 sqft RM335 PSF
RM200,000
Level 9
581 sqft RM344 PSF
RM201,000
Level 14
581 sqft RM346 PSF
RM200,000
Level 6
581 sqft RM344 PSF
RM150,000
Level 4
581 sqft RM258 PSF
RM220,000
Level 10
581 sqft RM378 PSF
RM175,000
Level 12
581 sqft RM301 PSF
RM192,000
Level 16
581 sqft RM330 PSF
RM230,000
Level 11
581 sqft RM396 PSF
RM203,000
Level 17
581 sqft RM349 PSF
RM150,000
Level 4
581 sqft RM258 PSF
RM225,000
Level 12
581 sqft RM387 PSF
RM195,000
Level 11
581 sqft RM335 PSF
RM210,000
Level 7
581 sqft RM361 PSF
RM200,000
Level 4
581 sqft RM344 PSF
RM188,000
Level 11
581 sqft RM323 PSF
RM160,000
Level 3
581 sqft RM275 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM197,500

RM340 psf

Median transaction price

High

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Taman Pelangi
© OpenStreetMap · CARTO

98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia

Maps

Taman Pelangi in Timur Laut, Penang recorded 20 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM198K and a median price per square foot (PSF) of RM340.

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 RM198K, with most transactions falling within a stable range of RM173K to RM222K, and a typical market range of RM150K to RM245K.

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

The median PSF stands at RM340, with core pricing between RM298 and RM382. Market pricing typically extends from RM313.78 to RM365.78, reflecting moderate variation in unit pricing. With an IQR of RM52.00 and MAD of RM42, the PSF demonstrates reasonable consistency across the market.

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.