Taman Pelangi

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

Property Transactions

1 subsales grouped by size

Median
RM192,000
PSF
RM330

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
LC Flat
RM192,000
Level 16
581 sqft · RM330 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM192,000

RM330 psf

Median transaction price

High

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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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 1 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM192K and a median price per square foot (PSF) of RM330.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM330, with most transactions between RM330 and RM330. The usual range is RM304.32 to RM356.32, showing that most units are priced quite close to each other. With an IQR of RM52.00 and MAD of RM0, 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.