Taman Chai Leng

Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 472,500
PSF
RM 295
Price Size
1,600 sqft
Terrace
RM 350,000
Jalan Gan Chai Leng
1,604 sqft · RM 218 PSF
RM 520,000
Jalan Gan Chai Leng
1,604 sqft · RM 324 PSF
RM 495,000
Tingkat Kurau 4
1,604 sqft · RM 309 PSF
RM 450,000
Jalan Gan Chai Leng
1,596 sqft · RM 282 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 472,500

RM 295 psf

Median transaction price

RM 815,000

RM 544 psf

Median transaction price

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Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Maps

Taman Chai Leng in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM 473K and a median price per square foot (PSF) of RM 295.

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 473K, with most transactions falling within a stable range of RM 408K to RM 520K, and a typical market range of RM 350K to RM 520K.

Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.

The median PSF stands at RM 295, with core pricing between RM 255 and RM 336. Market pricing typically extends from RM 226.80 to RM 363.80, reflecting moderate variation in unit pricing. With an IQR of RM 137.00 and MAD of RM 40, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.