1 Houses for Sale at Pangsapuri Pelangi, George Town, Penang
Pangsapuri Pelangi is a leasehold of high-rise flats located in George Town, Penang. It is an ideal living place for those who are actively moving around the Island. Pangsapuri Pelangi offers built-up space ranging from 600 sq ft to 800 sq ft and with a couple different layouts to choose from. Pangsapuri Pelangi is also surrounded by malls, park, museum and night markets, to highlight some notable, there are 1st Avenue Shopping Mall, Prangin Mall, Komtar. Sia Boey Urban Archaeological Park, Ghost Museum, The Top Penang, Theme Park Penang, Dark Mansion – 3D Glow In The Dark Museum, Chew Jetty, Tan Jetty , Magic World Penang, Wonder Food Museum and Macallum Street Night Market.Pangsapuri Pelangi is convenient to reach out to some major roads and expressways, such as Gat Lebuh Macallum Road, Pengkalan Weld Road, Jalan Sungai Pinang, Tun Dr Lim Chong Eu Expressway.The nearest bus lines: Bus 303, 12, 401EThe nearest KTM lines: Butterworth (KTM)The nearest Ferry Terminal: Pangkalan Raja Tun Uda Terminal (Georgetown) (Ferry) Pangsapuri Pelangi is surrounded with numbers of education options for child's upbringing and learning, there are SJK (C) Eng Chuan (1.4km), Sekolah Jenis Kebangsaan (Cina) Li Tek (550m), SRJK (C) Li Tek 'a' (550m), Sekolah Jenis Kebangsaan (Cina) Sum Min (1.2km), Tailoring Academy Zahra (2km).For healthcare, medical centre, specialist and hospital are around the vicinity, there are Penang General Hospital (4.5km), Gleneagles Medical Centre (4.3km), Island Hospital (4.6km), Loh Guan Lye Specialists Centre (4.3km), Peace Medical Centre (2.8km), Public Specialist Centre (3.5km), Mount Miriam Cancer Hospital (8.8km), Pure Lotus Hospice Of Compassion (5.6km).Pangsapuri Pelangi is situated alongside The Strait of Malacca, residents can spend their pleasurable time relaxing and enjoy the gorgeous landscape view.Updated on 13-June-2022
Explore iProperty
Pangsapuri Pelangi is a leasehold flat in George Town, Penang. There are currently 1 listing(s) available for sale on iProperty Malaysia. The listings start from RM400K for units with 750 sqft.
You can search for other projects within George Town such as Springtide Homes, HelicoNia Hotel, and The Rice Miller City Residences. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying Pangsapuri Pelangi
Roughly 1 in 100 property searches in George Town over the last 30 days went to Pangsapuri Pelangi. There is currently 1 total unit available for sale. The single 3-Bedroom unit currently listed is priced well below the George Town average, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
Pangsapuri Pelangi is a Flat property type located in George Town.
The development is situated on Leasehold land and consists of 1 building.
Pricing by Unit Type
- 3-Bedroom
- Average asking price: RM 390K
- Asking PSF: RM 488 psf
- vs. George Town avg. PSF: RM 747 psf (34.73% below average)
- Positioning: Budget-friendly.
- Listings: 1
Neighbourhood at a Glance
Pangsapuri Pelangi is located within George Town, providing buyers with verified proximity to local transport and essential services. The project is situated 175 m from 358 Hokkien and 416 m from Sjk (Cina) Li Tek Cawangan.
- TRANSPORT: Macallum Station, 762 m (9 minutes walking distance)
- HEALTHCARE: Ganesha Vijayam Clinic, 509 m (6 minutes walking distance)
- RETAIL: D'Orient Mall, 515 m (6 minutes walking distance)
- EDUCATION: Sjk (Cina) Li Tek Cawangan, 416 m (5 minutes walking distance)
- FOOD & BEVERAGE: 358 Hokkien, 175 m (2 minutes walking distance)
Past Transaction & Price Insights
Pangsapuri Pelangi recorded a median price of RM348 PSF during the period of 2023 to 2026. The typical range for historical transactions in this project was between RM330 PSF and RM387 PSF.
The price trend showed a decline of -32.19% in PSF value over this period.
Ready to Make Your Move?
1 home is currently for sale at Pangsapuri Pelangi, starting from RM390,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.