2 Houses for Sale at Taman Pelangi, Perai, Penang

Taman Pelangi is a leasehold flat in Perai, Penang. There are currently 2 listing(s) available for sale on iProperty Malaysia. The listings start from RM200K for units with 750 sqft.

You can search for other projects within Perai such as The Signature Condo, Taman Inderawasih, and Idaman Apartment. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.

The iProperty Take on Buying Taman Pelangi

100% of property searches in the township over the last 30 days were directed at Taman Pelangi. There are 4 total units available for sale. Asking prices for 3-Bedroom units are well below the Taman Pelangi average. The single 4-Bedroom unit currently listed represents just 1 of the 4 units currently available, a reflection of its rarity rather than a shift in the wider market.

Developer & Launch

Taman Pelangi is a Flat property located in the area of Taman Pelangi.

The project is held under Leasehold tenure and consists of 1 building with 5 floors. Unit configurations include Type 1, which features 3 bedrooms and 2 bathrooms.

Top Amenities & Facilities at Taman Pelangi

Taman Pelangi provides essential facilities designed to support the daily needs of its residents. These onsite features contribute to the practical living experience within the community.

• Parking

Pricing by Unit Type

• 3-Bedroom
  • Average asking price: RM 162K
  • Asking PSF: RM 235 psf
  • vs. Taman Pelangi avg. PSF: RM 325 psf (27.62% below average)
  • Positioning: Budget-friendly.
  • Listings: 3
• 4-Bedroom
  • Average asking price: RM 950K
  • Asking PSF: RM 471 psf
  • vs. Taman Pelangi avg. PSF: RM 390 psf (20.78% above average)
  • Positioning: Premium, scarce.
  • Listings: 1

Neighbourhood at a Glance

Taman Pelangi is located within reach of several local amenities, including Tcm Seafood Village which is situated 164 m from Taman Pelangi. This location provides buyers with verified access to retail and essential services within the immediate vicinity.

• HEALTHCARE: Guardian, 973 m (12 minutes walking distance)
• RETAIL: D-Lima Bukit Tengah, 838 m (10 minutes walking distance)
• FOOD & BEVERAGE: Tcm Seafood Village, 164 m (2 minutes walking distance)
• CONVENIENCE STORE: 7-Eleven, 1 km (12 minutes walking distance)

Past Transaction & Price Insights

Taman Pelangi recorded historical transactions from 2023 to 2026 with a median price of RM168 PSF. The typical range for these transactions was between RM138 PSF and RM217 PSF.

The project saw a price rise of 25% during this period.

Who It's For

Value-Conscious Buyers & Investors
This project accounted for 100% of property searches in Taman Pelangi over the last 30 days, showing significant market validation. 3-Bedroom units, which make up most of the current listings, are priced well below the Taman Pelangi average, offering momentum without an outsized premium.

Ready to Make Your Move?

4 homes are currently for sale at Taman Pelangi, starting from RM150,000. See what's currently on the market and compare layouts side by side.

This copy was published on 25 September 2026.