Penang
Seberang Perai Tengah
1
TAMAN CHAI LENG

TAMAN CHAI LENG

Area Intelligence

2023

Median Price

RM 509,000

PSF: RM 323

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Residential PSF Trends

Median Price

RM 493,000

PSF: RM 312

Commercial PSF Trends

Median Price

RM 795,000

RM 434 PSF

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 26 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 323.

This area contains both residential and commercial properties. View 62 residential properties or 23 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 509K, with most transactions falling within a stable range of RM 434K to RM 498K, and a typical market range of RM 327K to RM 498K.

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

The median PSF stands at RM 323, with core pricing between RM 290 and RM 356. Market pricing typically extends from RM 253.50 to RM 392.50, reflecting moderate variation in unit pricing. With an IQR of RM 139.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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TAMAN CHAI LENG, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

13 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 350,000

TGKT KURAU 2

1,356 sqft • RM 258.00 PSF

Dec 2023

RM 400,000

LEBUHRAYA KURAU

1,539 sqft • RM 260.00 PSF

Nov 2023

RM 498,000

LORONG KURAU 15

1,539 sqft • RM 324.00 PSF

Oct 2023

RM 220,000

Level 1

678 sqft • RM 324.00 PSF

Oct 2023

RM 420,000

LEBUH KURAU 7

1,539 sqft • RM 273.00 PSF

Sep 2023

RM 480,000

LORONG KURAU 7

1,400 sqft • RM 343.00 PSF

Aug 2023

RM 385,000

LORONG KURAU 9

1,399 sqft • RM 275.00 PSF

Aug 2023

RM 480,000

LORONG KURAU 11

1,399 sqft • RM 343.00 PSF

Aug 2023

RM 430,000

JALAN TAMAN KURAU

1,647 sqft • RM 261.00 PSF

Jun 2023

RM 490,000

LEBUHRAYA KURAU

1,539 sqft • RM 318.00 PSF

May 2023

RM 460,000

LORONG KURAU 3

1,399 sqft • RM 329.00 PSF

May 2023

RM 496,000

LORONG KURAU 17

1,539 sqft • RM 322.00 PSF

Mar 2023

RM 400,000

LORONG KURAU 15

1,539 sqft • RM 260.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
TGKT KURAU 2	RM 350,000	RM 258.00	1,356 sqft	Dec 2023	Single Storey Terraced
LEBUHRAYA KURAU	RM 400,000	RM 260.00	1,539 sqft	Nov 2023	Single Storey Terraced
LORONG KURAU 15	RM 498,000	RM 324.00	1,539 sqft	Oct 2023	Double Storey Terraced
Level 1	RM 220,000	RM 324.00	678 sqft	Oct 2023	Flat
LEBUH KURAU 7	RM 420,000	RM 273.00	1,539 sqft	Sep 2023	Single Storey Terraced
LORONG KURAU 7	RM 480,000	RM 343.00	1,400 sqft	Aug 2023	Single Storey Terraced
LORONG KURAU 9	RM 385,000	RM 275.00	1,399 sqft	Aug 2023	Single Storey Terraced
LORONG KURAU 11	RM 480,000	RM 343.00	1,399 sqft	Aug 2023	Single Storey Terraced
JALAN TAMAN KURAU	RM 430,000	RM 261.00	1,647 sqft	Jun 2023	Single Storey Terraced
LEBUHRAYA KURAU	RM 490,000	RM 318.00	1,539 sqft	May 2023	Single Storey Terraced
LORONG KURAU 3	RM 460,000	RM 329.00	1,399 sqft	May 2023	Single Storey Terraced
LORONG KURAU 17	RM 496,000	RM 322.00	1,539 sqft	Mar 2023	Double Storey Terraced
LORONG KURAU 15	RM 400,000	RM 260.00	1,539 sqft	Jan 2023	Double Storey Terraced