TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 665K and a median price per square foot (PSF) of RM 259.
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 665K, with most transactions falling within a stable range of RM 530K to RM 800K, and a typical market range of RM 483K to RM 848K.
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 259, though individual units vary from RM 201 to RM 317 in the core range. The broader market spans RM 189.50 to RM 328.50, indicating diverse property characteristics. The spread of RM 139.00 (IQR) and deviation of RM 58 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
