| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 190,000
|
RM 285
|
667 sqft
|
|
|
|
Level 3
|
RM 130,000
|
RM 195
|
667 sqft
|
|
|
Level 2
|
RM 240,000
|
RM 343
|
700 sqft
|
|
Flat |
|
Level 2
|
RM 230,000
|
RM 339
|
678 sqft
|
|
Flat |
|
Level 1
|
RM 220,000
|
RM 324
|
678 sqft
|
|
Flat |
|
Level G
|
RM 590,000
|
RM 843
|
700 sqft
|
|
Shop |
|
Medan Kurau 1
|
RM 660,000
|
RM 730
|
904 sqft
|
|
|
|
Lebuh Kurau 1
|
RM 1,050,000
|
RM 1,161
|
904 sqft
|
|
|
|
Jalan Gan Chai Leng
|
RM 755,000
|
RM 835
|
904 sqft
|
|
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Market Snapshot
RM 220,000
RM 324 psfMedian transaction price
RM 707,500
RM 839 psfMedian transaction price
Taman Chai Leng I, 13700 Perai, Penang, Malaysia
MapsTaman Chai Leng in Seberang Perai Tengah, Penang recorded 9 subsale transactions between 2021 and 2026, up to 1,000 sqft, with a median price of RM 240K and a median price per square foot (PSF) of RM 343.
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 240K, with most transactions falling within a stable range of RM 130K to RM 544K, and a typical market range of RM 130K to RM 423K.
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 343, though individual units vary from RM 26 to RM 660 in the core range. The broader market spans RM 274.53 to RM 411.53, indicating diverse property characteristics. A wider spread (IQR: RM 137.00) and deviation (MAD: RM 317) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.