TAMAN CHAI LENG

Area Intelligence
2022
Median Price
RM 500,000
PSF: RM 341

Residential PSF Trends

Median Price

RM 435,000

PSF: RM 288

Commercial PSF Trends

Median Price

RM 825,000

RM 594 PSF

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 28 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 341.

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.

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

For price per square foot, the median is RM 341, with most transactions between RM 341 and RM 341. The usual range is RM 271.50 to RM 410.50, showing that most units are priced quite close to each other. With an IQR of RM 139.00 and MAD of RM 0, 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN CHAI LENG, Seberang Perai Tengah, Penang

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Transactions

15 transactions grouped by size

650 sqft
Flat
RM 130,000
Level 3
667 sqft · RM 195 PSF
1,200 sqft
Single Storey Shop
RM 490,000
MEDAN KURAU 1
1,211 sqft · RM 405 PSF
1,400 sqft
Single Storey Terraced
RM 430,000
LORONG KURAU 3
1,400 sqft · RM 307 PSF
RM 375,000
LORONG KURAU 9
1,399 sqft · RM 268 PSF
RM 500,000
JALAN GHAN CHAI LENG
1,399 sqft · RM 357 PSF
RM 410,000
LORONG KURAU 13
1,399 sqft · RM 293 PSF
RM 310,000
TKT. KURAU 4
1,399 sqft · RM 222 PSF
RM 370,000
LORONG KURAU 7
1,399 sqft · RM 264 PSF
RM 440,000
LORONG KURAU 11
1,399 sqft · RM 314 PSF
1,550 sqft
Single Storey Terraced
RM 380,000
LEBUH KURAU 9
1,539 sqft · RM 247 PSF
RM 400,000
LEBUH KURAU 9
1,539 sqft · RM 260 PSF
RM 500,000
LEBUHRAYA KURAU
1,540 sqft · RM 325 PSF
1,600 sqft
RM 495,000
TINGKAT KURAU 4
1,604 sqft · RM 309 PSF
RM 460,000
JALAN GAN CHAI LENG
1,604 sqft · RM 287 PSF
RM 450,000
JALAN GAN CHAI LENG
1,596 sqft · RM 282 PSF

No Properties For Sale

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

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