Taman Pelangi

98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

14 subsales found

Median
RM300,000
PSF
RM387

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM300,000
Level 3
775 sqft RM387 PSF
RM300,000
Level 10
775 sqft RM387 PSF
RM350,000
Level 3
775 sqft RM452 PSF
RM270,000
Level 5
775 sqft RM348 PSF
RM290,000
Level 14
775 sqft RM374 PSF
RM300,000
Level 9
775 sqft RM387 PSF
RM270,000
Level 17
775 sqft RM348 PSF
RM300,000
Level 9
775 sqft RM387 PSF
RM330,000
Level 13
775 sqft RM426 PSF
RM280,000
Level 4
775 sqft RM361 PSF
RM270,000
Level 9
775 sqft RM348 PSF
RM380,000
Level 16
775 sqft RM490 PSF
RM288,000
Level 5
775 sqft RM372 PSF
RM340,000
Level 9
775 sqft RM439 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM300,000

RM387 psf

Median transaction price

High

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Taman Pelangi
© OpenStreetMap · CARTO

98, Lorong Penawar 1, Taman Jelutong Jaya, 11600 George Town, Pulau Pinang, Malaysia

Maps

Taman Pelangi in Timur Laut, Penang recorded 14 subsale transactions between 2021 and 2026, sized between 775 and 824 sqft, with a median price of RM300K and a median price per square foot (PSF) of RM387.

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 RM300K, with most transactions falling within a stable range of RM270K to RM332K, and a typical market range of RM270K to RM347K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM387, with core pricing between RM346 and RM429. Market pricing typically extends from RM361.10 to RM413.10, reflecting moderate variation in unit pricing. With an IQR of RM52.00 and MAD of RM41, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.