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 6
|
RM195,000
|
RM335
|
581 sqft
|
|
|
|
Level 9
|
RM200,000
|
RM344
|
581 sqft
|
|
|
|
Level 14
|
RM201,000
|
RM346
|
581 sqft
|
|
|
|
Level 6
|
RM200,000
|
RM344
|
581 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
|
|
|
|
Level 17
|
RM270,000
|
RM348
|
775 sqft
|
|
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Marketplace listings
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
ResidentialRM270,000
RM348 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 9 subsale transactions in 2024, with a median price of RM270K and a median price per square foot (PSF) of RM348.
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 RM270K, with most transactions falling within a stable range of RM217K to RM323K, and a typical market range of RM223K to RM317K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM348, with most transactions between RM314 and RM383. The usual range is RM322.39 to RM374.39, showing that most units are priced quite close to each other. With an IQR of RM52.00 and MAD of RM35, 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.