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 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
ResidentialRM300,000
RM387 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 14 subsale transactions between 2021 and 2026, sized between 775 and 824 sqft, with a median price of RM300K and a median price per square foot (PSF) of RM387.
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 RM300K, with most transactions falling within a stable range of RM270K to RM332K, and a typical market range of RM270K to RM347K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM387, with core pricing between RM346 and RM429. Market pricing typically extends from RM361.10 to RM413.10, reflecting moderate variation in unit pricing. With an IQR of RM52.00 and MAD of RM41, 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.