Taman Chai Leng

Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 422,500
PSF
RM 292
Price Size
650 sqft
Flat
RM 190,000
Level 4
667 sqft · RM 285 PSF
1,400 sqft
Terrace
RM 400,000
Tingkat Kurau 2
1,399 sqft · RM 286 PSF
RM 415,000
Lorong Kurau 7
1,399 sqft · RM 297 PSF
RM 680,000
Lorong Kurau 21
1,561 sqft · RM 436 PSF
RM 430,000
Lorong Kurau 27
1,539 sqft · RM 279 PSF
2,750 sqft
2-Sty Shop
RM 1,580,000
Jalan Baru
2,756 sqft · RM 573 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 415,000

RM 286 psf

Median transaction price

RM 1,580,000

RM 573 psf

Median transaction price

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Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Maps

Taman Chai Leng in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 423K and a median price per square foot (PSF) of RM 292.

This area contains both residential and commercial properties. View 67 residential properties or 24 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 423K, with most transactions falling within a stable range of RM 190K to RM 876K, and a typical market range of RM 240K to RM 605K.

Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.

Price per square foot shows a median of RM 292, though individual units vary from RM 181 to RM 402 in the core range. The broader market spans RM 223.00 to RM 360.00, indicating diverse property characteristics. A wider spread (IQR: RM 137.00) and deviation (MAD: RM 110) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.