TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 415K and a median price per square foot (PSF) of RM 536.
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 415K, with most transactions falling within a stable range of RM 280K to RM 550K, and a typical market range of RM 233K to RM 598K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 536, with core pricing between RM 478 and RM 594. Market pricing typically extends from RM 466.99 to RM 605.99, reflecting moderate variation in unit pricing. With an IQR of RM 139.00 and MAD of RM 58, 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.
