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
|
| 2023 | |||||
|
Level 4
|
RM150,000
|
RM258
|
581 sqft
|
|
Flat |
|
Level 10
|
RM220,000
|
RM378
|
581 sqft
|
|
Flat |
|
Level 9
|
RM300,000
|
RM387
|
775 sqft
|
|
Flat |
|
Level 13
|
RM330,000
|
RM426
|
775 sqft
|
|
Flat |
|
Level 4
|
RM280,000
|
RM361
|
775 sqft
|
|
Flat |
|
Level 12
|
RM175,000
|
RM301
|
581 sqft
|
|
Flat |
|
Level 9
|
RM270,000
|
RM348
|
775 sqft
|
|
Flat |
|
Level 16
|
RM380,000
|
RM490
|
775 sqft
|
|
Flat |
|
Level 16
|
RM192,000
|
RM330
|
581 sqft
|
|
LC Flat |
|
Level 11
|
RM230,000
|
RM396
|
581 sqft
|
|
Flat |
|
Level 17
|
RM203,000
|
RM349
|
581 sqft
|
|
Flat |
|
Level 5
|
RM288,000
|
RM372
|
775 sqft
|
|
Flat |
|
Level 4
|
RM150,000
|
RM258
|
581 sqft
|
|
Flat |
Selling in Taman Pelangi? Homes here sold for a median of RM230,000.
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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
ResidentialRM230,000
RM361 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 in 2023, with a median price of RM230K and a median price per square foot (PSF) of RM361.
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 RM230K, with most transactions falling within a stable range of RM162K to RM298K, and a typical market range of RM183K to RM277K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM361, with core pricing between RM300 and RM423. Market pricing typically extends from RM335.29 to RM387.29, reflecting moderate variation in unit pricing. The spread of RM52.00 (IQR) and deviation of RM61 (MAD) suggest moderate price variations reflecting different property features.
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.