Taman Pelangi Indah

11600, Lintang Sungai Pinang, Taman Pelangi Indah, 11600 Jelutong, Pulau Pinang, Malaysia

Property Transactions

27 subsales grouped by size

Median
RM350,000
PSF
RM508
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM340,000
Level 16
689 sqft · RM494 PSF
RM318,000
Level 15
689 sqft · RM462 PSF
RM330,000
Level 9
689 sqft · RM479 PSF
RM355,000
Level 9
689 sqft · RM515 PSF
RM370,000
Level 5
689 sqft · RM537 PSF
RM330,000
Level 13
689 sqft · RM479 PSF
+21 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM350,000

RM508 psf

Median transaction price

RM925,000

RM547 psf

Median transaction price

Average

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Taman Pelangi Indah
© OpenStreetMap · CARTO

11600, Lintang Sungai Pinang, Taman Pelangi Indah, 11600 Jelutong, Pulau Pinang, Malaysia

Maps

Taman Pelangi Indah in Timur Laut, Penang recorded 27 Flat properties subsale transactions between 2021 and 2026, with a median price of RM350K and a median price per square foot (PSF) of RM508.

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 RM350K, with most transactions falling within a stable range of RM318K to RM382K, and a typical market range of RM315K to RM385K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM508, with most transactions between RM461 and RM555. The usual range is RM466.69 to RM549.44, showing that most units are priced quite close to each other. With an IQR of RM82.75 and MAD of RM47, 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.