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Market Snapshot
RM 580,000
RM 235 psfMedian transaction price
RM 815,000
RM 544 psfMedian transaction price
Taman Chai Leng I, 13700 Perai, Penang, Malaysia
MapsTaman Chai Leng in Seberang Perai Tengah, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 2,425 and 2,474 sqft, with a median price of RM 580K and a median price per square foot (PSF) of RM 235.
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.
Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.
For price per square foot, the median is RM 235, with most transactions between RM 235 and RM 235. The usual range is RM 166.80 to RM 303.80, showing that most units are priced quite close to each other. With an IQR of RM 137.00 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.