TAMAN CHAI LENG

Area Intelligence
2023
Median Price
RM 509,000
PSF: RM 323

Residential PSF Trends

Median Price

RM 493,000

PSF: RM 312

Commercial PSF Trends

Median Price

RM 795,000

RM 434 PSF

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 26 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 323.

This area contains both residential and commercial properties. View 62 residential properties or 23 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 509K, with most transactions falling within a stable range of RM 285K to RM 733K, and a typical market range of RM 327K to RM 692K.

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

Price per square foot shows a median of RM 323, though individual units vary from RM 244 to RM 402 in the core range. The broader market spans RM 253.50 to RM 392.50, indicating diverse property characteristics. The spread of RM 139.00 (IQR) and deviation of RM 79 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN CHAI LENG, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

26 transactions grouped by size

700 sqft
Flat
RM 220,000
Level 1
678 sqft · RM 324 PSF
1,300 sqft
Single Storey Shop
RM 780,000
LEBUH KURAU 5
1,302 sqft · RM 599 PSF
1,350 sqft
Single Storey Terraced
RM 350,000
TGKT KURAU 2
1,356 sqft · RM 258 PSF
1,400 sqft
Single Storey Terraced
RM 480,000
LORONG KURAU 11
1,399 sqft · RM 343 PSF
RM 385,000
LORONG KURAU 9
1,399 sqft · RM 275 PSF
RM 480,000
LORONG KURAU 7
1,400 sqft · RM 343 PSF
RM 460,000
LORONG KURAU 3
1,399 sqft · RM 329 PSF
1,550 sqft
RM 400,000
LEBUHRAYA KURAU
1,539 sqft · RM 260 PSF
RM 498,000
LORONG KURAU 15
1,539 sqft · RM 324 PSF
RM 420,000
LEBUH KURAU 7
1,539 sqft · RM 273 PSF
RM 600,000
LORONG. KURAU 27
1,539 sqft · RM 390 PSF
RM 618,000
LORONG KURAU 1
1,539 sqft · RM 401 PSF
RM 600,000
TINGKAT KURAU 6
1,539 sqft · RM 390 PSF
1,600 sqft
Single Storey Terraced
RM 520,000
JALAN GAN CHAI LENG
1,604 sqft · RM 324 PSF
1,650 sqft
Single Storey Terraced
RM 430,000
JALAN TAMAN KURAU
1,647 sqft · RM 261 PSF
1,750 sqft
Double Storey Shop
RM 810,000
JALAN CHAIN FERRY
1,744 sqft · RM 465 PSF
2,700 sqft
Single Storey Terraced
RM 680,000
LORONG KURAU 11
2,691 sqft · RM 253 PSF
2,850 sqft
Single Storey Terraced
RM 750,000
LEBUH KURAU
2,831 sqft · RM 265 PSF
2,950 sqft
Single Storey Shop
RM 1,182,000
LORONG KURAU 1
2,939 sqft · RM 402 PSF
3,100 sqft
Double Storey Semi-D
RM 950,000
LINTANG KURAU 3
3,100 sqft · RM 306 PSF
RM 700,000
LINTANG KURAI 5
3,100 sqft · RM 226 PSF
3,600 sqft
Single Storey Terraced
RM 1,100,000
LORONG KURAU 1
3,606 sqft · RM 305 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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