|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Medan Kurau 1
|
RM 660,000
|
RM 730
|
904 sqft
|
|
1-Sty Shop |
| 2024 | |||||
|
Lebuh Kurau 1
|
RM 1,050,000
|
RM 1,161
|
904 sqft
|
|
1-Sty Shop |
| 2022 | |||||
|
Jalan Gan Chai Leng
|
RM 755,000
|
RM 835
|
904 sqft
|
|
1-Sty Shop |
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Market Snapshot
RM 480,000
RM 300 psfMedian transaction price
RM 755,000
RM 835 psfMedian transaction price
Taman Chai Leng I, 13700 Perai, Penang, Malaysia
MapsTaman Chai Leng in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 755K and a median price per square foot (PSF) of RM 835.
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 755K, with most transactions falling within a stable range of RM 660K to RM 921K, and a typical market range of RM 660K to RM 938K.
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 835, though individual units vary from RM 651 to RM 1,019 in the core range. The broader market spans RM 766.52 to RM 903.52, indicating diverse property characteristics. The spread of RM 137.00 (IQR) and deviation of RM 184 (MAD) suggest moderate price variations reflecting different property features.
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.