Penang
Seberang Perai Tengah
1
TAMAN CHAI LENG

TAMAN CHAI LENG

Area Intelligence

2024

Median Price

RM 235,000

PSF: RM 341

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 235,000

PSF: RM 341

Commercial PSF Trends

Median Price

RM 810,000

RM 541 PSF

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 235K 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 235K, with most transactions falling within a stable range of RM 230K to RM 240K, and a typical market range of RM 230K to RM 240K.

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 339 and RM 343. 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 2, 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.

Loading map...

TAMAN CHAI LENG, Seberang Perai Tengah, Penang

OSM