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Penang, Seberang Perai Tengah, 1

TAMAN CHAI LENG

Area Intelligence
2022
Median Price
RM 500,000
PSF: RM 341
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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. The median price is RM 500K, with most transactions falling within a stable range of RM 500K to RM 586K, and a typical market range of RM 500K to RM 683K.

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 341, though individual units vary from RM 148 to RM 534 in the core range. The broader market spans RM 271.50 to RM 410.50, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 193) 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.

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TAMAN CHAI LENG, Seberang Perai Tengah, Penang

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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
700 sqft
Shop/Retail Lot
RM 590,000
Level G
700 sqft · RM 843 PSF
1,400 sqft
Single Storey Terraced
RM 500,000
JALAN GHAN CHAI LENG
1,399 sqft · RM 357 PSF
1,550 sqft
RM 638,000
LORONG KURAU 19
1,539 sqft · RM 414 PSF
RM 500,000
LEBUHRAYA KURAU
1,540 sqft · RM 325 PSF
1,950 sqft
Double Storey Shop
RM 725,000
JALAN BARU
1,948 sqft · RM 372 PSF

No Properties For Sale

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

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Other Areas in 1

BANDAR SEBERANG JAYA
BANDAR PERAI JAYA
PANGSAPURI PALMA LAGUNA
TAMAN TELUK INDAH
PANGSAPURI PINANG LAGUNA
PANGSAPURI SUTERA
DESA CEMARA
BANDAR SUNWAY
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