Taman Pelangi

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

Property Transactions

33 subsales grouped by size

Median
RM225,000
PSF
RM349

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
Flat
RM250,000
Level 6
581 sqft · RM430 PSF
RM190,000
Level 17
581 sqft · RM327 PSF
RM195,000
Level 14
581 sqft · RM335 PSF
RM201,000
Level 14
581 sqft · RM346 PSF
RM200,000
Level 9
581 sqft · RM344 PSF
RM195,000
Level 6
581 sqft · RM335 PSF
+13 more
800 sqft
Flat
RM300,000
Level 3
775 sqft · RM387 PSF
RM300,000
Level 10
775 sqft · RM387 PSF
RM270,000
Level 5
775 sqft · RM348 PSF
RM350,000
Level 3
775 sqft · RM452 PSF
RM290,000
Level 14
775 sqft · RM374 PSF
RM300,000
Level 9
775 sqft · RM387 PSF
+8 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM225,000

RM349 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 33 Flat properties subsale transactions between 2021 and 2026, with a median price of RM225K and a median price per square foot (PSF) of RM349.

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 RM225K, with most transactions falling within a stable range of RM165K to RM285K, and a typical market range of RM178K to RM272K.

Within the Flat category, flats dominated the market, with minimal variety in property types.

The median PSF stands at RM349, with core pricing between RM299 and RM400. Market pricing typically extends from RM323.25 to RM375.25, reflecting moderate variation in unit pricing. With an IQR of RM52.00 and MAD of RM50, 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.