Bukit Pelangi Apartment

89, Bukit Pelangi Apartment, Jalan, Tanjung Bunga Park, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM517,500
PSF
RM566
Price Size
Period
transactions middle 50% (P25–P75)
RM520,000
Level 4
915 sqft RM568 PSF
RM515,000
Level 2
915 sqft RM563 PSF
Legend Recent Highest Price Highest PSF

Selling in Bukit Pelangi Apartment? Homes here sold for a median of RM517,500.

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89, Bukit Pelangi Apartment, Jalan, Tanjung Bunga Park, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Bukit Pelangi Apartment in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM518K and a median price per square foot (PSF) of RM566.

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 RM518K, with most transactions falling within a stable range of RM515K to RM520K, and a typical market range of RM515K to RM520K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM566, with most transactions between RM563 and RM568. The usual range is RM557.12 to RM574.12, showing that most units are priced quite close to each other. A typical spread (IQR) of RM17.00 and an average deviation (MAD) of RM3 indicate a highly stable PSF trend across properties.

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.