|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Baru
|
RM 1,580,000
|
RM 573
|
2,756 sqft
|
|
2-Sty Shop |
|
Lebuh Kurau 1
|
RM 600,000
|
RM 219
|
2,745 sqft
|
|
2-Sty Shop |
| 2024 | |||||
|
Jalan Baru
|
RM 820,000
|
RM 298
|
2,756 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Baru
|
RM 725,000
|
RM 263
|
2,756 sqft
|
|
2-Sty Shop |
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Market Snapshot
RM 480,000
RM 300 psfMedian transaction price
RM 772,500
RM 280 psfMedian transaction price
Taman Chai Leng I, 13700 Perai, Penang, Malaysia
MapsTaman Chai Leng in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 2,725 and 2,774 sqft, with a median price of RM 773K and a median price per square foot (PSF) of RM 280.
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 773K, with most transactions falling within a stable range of RM 600K to RM 1.16 million, and a typical market range of RM 600K to RM 955K.
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 280, though individual units vary from RM 142 to RM 419 in the core range. The broader market spans RM 211.84 to RM 348.84, indicating diverse property characteristics. A wider spread (IQR: RM 137.00) and deviation (MAD: RM 139) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.