Bukit Pelangi Apartment

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

Property Transactions

5 subsales found

Median
RM520,000
PSF
RM568
Period
transactions middle 50% (P25–P75)
RM510,000
Level 4
936 sqft RM545 PSF
RM520,000
Level 4
915 sqft RM568 PSF
RM543,000
Level 4
936 sqft RM580 PSF
RM550,000
Level 7
936 sqft RM587 PSF
RM515,000
Level 2
915 sqft RM563 PSF
Legend Recent Highest Price Highest PSF

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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 5 subsale transactions between 2021 and 2026, with a median price of RM520K and a median price per square foot (PSF) of RM568.

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 RM520K, with most transactions falling within a stable range of RM510K to RM530K, and a typical market range of RM510K to RM534K.

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

For price per square foot, the median is RM568, with most transactions between RM556 and RM580. The usual range is RM559.85 to RM576.85, showing that most units are priced quite close to each other. A typical spread (IQR) of RM17.00 and an average deviation (MAD) of RM12 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.