TAMAN CHAI LENG

Area Intelligence
2024
Median Price
RM 490,000
PSF: RM 317

Residential PSF Trends

Median Price

RM 460,000

PSF: RM 310

Commercial PSF Trends

Median Price

RM 935,000

RM 480 PSF

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 19 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 317.

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 490K, with most transactions falling within a stable range of RM 408K to RM 490K, and a typical market range of RM 308K to RM 490K.

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

For price per square foot, the median is RM 317, with most transactions between RM 287 and RM 347. The usual range is RM 247.50 to RM 386.50, showing that most units are priced quite close to each other. With an IQR of RM 139.00 and MAD of RM 30, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHAI LENG, Seberang Perai Tengah, Penang

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Transactions

10 transactions found

RM 240,000
Level 2
700 sqft RM 343.00 PSF
RM 360,000
LORONG KURAU 2
1,399 sqft RM 257.00 PSF
RM 380,000
LORONG KURAU 5
1,399 sqft RM 272.00 PSF
RM 460,000
TINGKAT KURAU 2
1,453 sqft RM 317.00 PSF
RM 490,000
LORONG. KURAU 23
1,539 sqft RM 318.00 PSF
RM 390,000
TINGKAT KURAU 4
1,399 sqft RM 279.00 PSF
RM 450,000
TINGKAT KURAU 2
1,453 sqft RM 310.00 PSF
RM 230,000
Level 2
678 sqft RM 339.00 PSF
RM 400,000
LORONG. KURAU 29
1,539 sqft RM 260.00 PSF
RM 420,000
TKT. KURAU 4
1,399 sqft RM 300.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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