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Market Snapshot
RM 480,000
RM 300 psfMedian transaction price
RM 975,000
RM 506 psfMedian transaction price
Taman Chai Leng I, 13700 Perai, Penang, Malaysia
MapsTaman Chai Leng in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,925 and 1,974 sqft, with a median price of RM 975K and a median price per square foot (PSF) of RM 506.
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 975K, with most transactions falling within a stable range of RM 850K to RM 1.10 million, and a typical market range of RM 850K to RM 1.10 million.
Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.
The median PSF stands at RM 506, with core pricing between RM 441 and RM 571. Market pricing typically extends from RM 437.54 to RM 574.54, reflecting moderate variation in unit pricing. With an IQR of RM 137.00 and MAD of RM 65, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.