| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Chain Ferry
|
RM 810,000
|
RM 347
|
2,336 sqft
|
|
|
|
Chain Ferry
|
RM 800,000
|
RM 342
|
2,336 sqft
|
|
|
|
Jalan Kurau
|
RM 1,007,000
|
RM 427
|
2,357 sqft
|
|
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Market Snapshot
RM 480,000
RM 300 psfMedian transaction price
RM 810,000
RM 347 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 2,325 and 2,374 sqft, with a median price of RM 810K and a median price per square foot (PSF) of RM 347.
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 810K, with most transactions falling within a stable range of RM 800K to RM 905K, and a typical market range of RM 800K to RM 993K.
Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.
The median PSF stands at RM 347, with core pricing between RM 308 and RM 386. Market pricing typically extends from RM 278.28 to RM 415.28, reflecting moderate variation in unit pricing. With an IQR of RM 137.00 and MAD of RM 39, 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.