Area Intelligence

TAMAN PELANGI

8 properties
2024
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Median Price
RM 347,500
PSF: RM 282

Residential Market

Median Price

RM 347,500

IQR: RM 39
MAD: RM 15
RM 282 PSF 16.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PELANGI in Gombak, Selangor recorded 8 subsale transactions in 2024, with a median price of RM 348K and a median price per square foot (PSF) of RM 282.

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 RM 348K, with most transactions falling within a stable range of RM 275K to RM 420K, and a typical market range of RM 268K to RM 428K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 282, with core pricing between RM 253 and RM 311. Market pricing typically extends from RM 262.50 to RM 301.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 29, 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PELANGI, Gombak, Selangor

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Transactions

8 properties found

Single Storey Terraced JALAN PELANGI 3
RM 350,000
1,302 sqft Oct 2024
RM 269.00 PSF
Single Storey Terraced JALAN PELANGI 1
RM 350,000
1,302 sqft Sep 2024
RM 269.00 PSF
Single Storey Terraced JALAN PELANGI 3
RM 330,000
1,302 sqft Sep 2024
RM 253.00 PSF
Double Storey Terraced JALAN PELANGI 9
RM 430,000
1,442 sqft Sep 2024
RM 298.00 PSF
Single Storey Terraced JALAN PELANGI 16
RM 345,000
1,302 sqft Aug 2024
RM 265.00 PSF
Double Storey Terraced JALAN PELANGI 5
RM 500,000
1,440 sqft Jul 2024
RM 347.00 PSF
Low-Cost House JALAN PELANGI 14
RM 280,000
883 sqft Jun 2024
RM 317.00 PSF
Low-Cost House JALAN PELANGI 16
RM 260,000
883 sqft Feb 2024
RM 295.00 PSF

Auction Properties

1 auction properties in TAMAN PELANGI