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
| LIST.MY · Taman Pelangi | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2022 | |||||
|
Level 12
|
RM225,000
|
RM387
|
581 sqft
|
|
Flat |
|
Level 11
|
RM195,000
|
RM335
|
581 sqft
|
|
Flat |
|
Level 9
|
RM340,000
|
RM439
|
775 sqft
|
|
Flat |
|
Level 7
|
RM210,000
|
RM361
|
581 sqft
|
|
Flat |
Selling in Taman Pelangi? Homes here sold for a median of RM217,500.
Free to list, about two minutes, and the buyers reading this page will see it.
Posts about Taman Pelangi
No posts about Taman Pelangi yet. Be the first to share what’s happening here.
Nearby areas in Georgetown
Sri Saujana-Macallum
The Rise Collection 1
3 Residence
The Rise Collection Ii
Sandi Land Condominium
Desa Pinang 2
Beacon Executive Suites
Island Park
Rumah Pangsa Mppp
Wisma Central
Gat Lebuh Maccallum Flat 12/22T
Serina Bay
Taman Pelangi
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM217,500
RM374 psfMedian transaction price
Know your return before you buy
See the gross rental yield for TAMAN PELANGI and compare before you put down a deposit.
Get PlusRM59 a month, cancel any time
98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia
MapsTaman Pelangi in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM218K and a median price per square foot (PSF) of RM374.
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 RM218K, with most transactions falling within a stable range of RM195K to RM275K, and a typical market range of RM195K to RM265K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM374, with core pricing between RM336 and RM412. Market pricing typically extends from RM348.19 to RM400.19, reflecting moderate variation in unit pricing. With an IQR of RM52.00 and MAD of RM38, 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. Limited transaction history suggests carefully evaluating comparable sales data.