| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ghan Chai Leng
|
RM 550,000
|
RM 197
|
2,799 sqft
|
|
Terrace |
|
Lorong Kurau 1
|
RM 1,182,000
|
RM 424
|
2,788 sqft
|
|
1-Sty Shop |
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Market Snapshot
RM 550,000
RM 197 psfMedian transaction price
RM 1,182,000
RM 424 psfMedian transaction price
Taman Chai Leng I, 13700 Perai, Penang, Malaysia
MapsTaman Chai Leng in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,775 and 2,824 sqft, with a median price of RM 866K and a median price per square foot (PSF) of RM 310.
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 866K, with most transactions falling within a stable range of RM 550K to RM 1.18 million, and a typical market range of RM 684K to RM 1.05 million.
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 310, though individual units vary from RM 197 to RM 424 in the core range. The broader market spans RM 241.75 to RM 378.75, indicating diverse property characteristics. A wider spread (IQR: RM 137.00) and deviation (MAD: RM 114) 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.