TAMAN CHAI LENG

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 24 subsale transactions between 2021 and 2025, priced between RM 500K and RM 750K, with a median price of RM 600K and a median price per square foot (PSF) of RM 347.

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 600K, with most transactions falling within a stable range of RM 529K to RM 671K, and a typical market range of RM 500K to RM 750K.

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 347, though individual units vary from RM 202 to RM 491 in the core range. The broader market spans RM 277.11 to RM 416.11, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 145) 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. Moderate transaction volume may require patience when buying or selling.