Selling in Taman Pelangi Indah? Homes here sold for a median of RM1,172,500.
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Taman Pelangi Indah
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 Jelutong
Market Snapshot
RM350,000
RM508 psfMedian transaction price
RM1,172,500
RM694 psfMedian transaction price
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11600, Lintang Sungai Pinang, Taman Pelangi Indah, 11600 Jelutong, Pulau Pinang, Malaysia
MapsTaman Pelangi Indah in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,675 and 1,724 sqft, with a median price of RM1.17 million and a median price per square foot (PSF) of RM694.
This area contains both residential and commercial properties. View 27 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.17 million, with most transactions falling within a stable range of RM925K to RM1.42 million, and a typical market range of RM1.14 million to RM1.21 million.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM694, though individual units vary from RM547 to RM840 in the core range. The broader market spans RM652.45 to RM735.20, indicating diverse property characteristics. The spread of RM82.75 (IQR) and deviation of RM146 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.