| LIST.MY · Taman Sinar Pelangi (Lavender Park) | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2025 | |||||
|
Level 5
|
RM350,000
|
RM508
|
689 sqft
|
|
Flat |
| 2024 | |||||
|
Level 5
|
RM400,000
|
RM539
|
743 sqft
|
|
Flat |
|
Level 8
|
RM248,000
|
RM360
|
689 sqft
|
|
Flat |
|
Level 2
|
RM350,000
|
RM508
|
689 sqft
|
|
Flat |
|
Level 4
|
RM380,000
|
RM552
|
689 sqft
|
|
Flat |
|
Level 3
|
RM380,000
|
RM552
|
689 sqft
|
|
Flat |
| 2023 | |||||
|
Level 5
|
RM380,000
|
RM512
|
743 sqft
|
|
Flat |
|
Level 7
|
RM270,000
|
RM392
|
689 sqft
|
|
Flat |
| 2022 | |||||
|
Level 6
|
RM370,000
|
RM537
|
689 sqft
|
|
Flat |
|
Level 7
|
RM290,000
|
RM435
|
667 sqft
|
|
Flat |
|
Level 8
|
RM295,000
|
RM422
|
700 sqft
|
|
Flat |
|
Level 3
|
RM240,000
|
RM348
|
689 sqft
|
|
Flat |
|
Level 5
|
RM340,000
|
RM494
|
689 sqft
|
|
Flat |
|
Level 8
|
RM280,000
|
RM406
|
689 sqft
|
|
Flat |
|
Level 4
|
RM300,000
|
RM450
|
667 sqft
|
|
Flat |
|
Level 3
|
RM300,000
|
RM435
|
689 sqft
|
|
Flat |
| 2021 | |||||
|
Level 7
|
RM279,000
|
RM405
|
689 sqft
|
|
Flat |
|
Level 6
|
RM310,000
|
RM446
|
695 sqft
|
|
Flat |
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Taman Sinar Pelangi (Lavender Park)
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
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Market Snapshot
ResidentialRM305,000
RM448 psfMedian transaction price
Lorong Penawar 2, Taman Ara, 11600 Jelutong, Pulau Pinang, Malaysia
MapsTaman Sinar Pelangi (Lavender Park) in Timur Laut, Penang recorded 18 subsale transactions between 2021 and 2026, with a median price of RM305K and a median price per square foot (PSF) of RM450.
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 RM305K, with most transactions falling within a stable range of RM265K to RM345K, and a typical market range of RM264K to RM346K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM450, with core pricing between RM392 and RM508. Market pricing typically extends from RM399.03 to RM500.03, reflecting moderate variation in unit pricing. With an IQR of RM101.00 and MAD of RM58, 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. 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.