1 Houses for Sale at Sri Pelangi, George Town, Penang
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Sri Pelangi is a freehold apartment in George Town, Penang. There are currently 1 listing(s) available for sale on iProperty Malaysia. The listings start from RM300K for units with 1,000 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 Sri Pelangi
Sri Pelangi captured 100% of Kampung Makam property searches over the last 30 days. The 3-Bedroom configuration is the most-searched unit type among the 1 total units available for sale. Average asking prices for 3-Bedroom units sit well below the Kampung Makam average.
Developer & Launch
Sri Pelangi is a Condominium located in the area of Kampung Makam.
The project is a Freehold development consisting of 112 units. It features 1 building with 7 floors.
Top Amenities & Facilities at Sri Pelangi
Sri Pelangi provides a selection of essential facilities designed to support the daily needs and convenience of its residents.
- Covered car park
- Lounge
- Retail stores
Pricing by Unit Type
- 3-Bedroom
- Average asking price: RM 368K
- Asking PSF: RM 446 psf
- vs. Kampung Makam avg. PSF: RM 747 psf (40.28% below average)
- Positioning: Budget-friendly.
- Listings: 1
Neighbourhood at a Glance
Sri Pelangi is located within walking distance of Tuck Sai Restaurant and Smk/Sk Convent Datuk Keramat Bus Stop. This location provides buyers with verified proximity to various local amenities including educational institutions and healthcare facilities.
- TRANSPORT: Smk/Sk Convent Datuk Keramat Bus Stop, 246 m (3 minutes walking distance)
- HEALTHCARE: Penang Clinic, 548 m (7 minutes walking distance)
- RETAIL: 99 Speedmart, 648 m (8 minutes walking distance)
- EDUCATION: Smjk Comvent Datuk Keramat, 256 m (3 minutes walking distance)
- FOOD & BEVERAGE: Tuck Sai Restaurant, 1 m (1 minute walking distance)
- CONVENIENCE STORE: Signature Mart, 325 m (4 minutes walking distance)
Past Transaction & Price Insights
Sri Pelangi recorded a median price of RM422 PSF during the period of 2023 to 2025, with a typical range between RM315 PSF and RM449 PSF.
The price per square foot for this project saw a decline of -4.11%.
Who It's For
Value-Conscious Buyers & Investors
This project accounted for 100% of property searches in Kampung Makam over the last 30 days, demonstrating significant market validation. The most-searched 3-Bedroom layout is priced well below the Kampung Makam average, offering sound price-to-value and momentum without an outsized premium.
Ready to Make Your Move?
1 home is currently for sale at Sri Pelangi, starting from RM368,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.