Penang
Seberang Perai Tengah
1
TAMAN CHAI LENG

TAMAN CHAI LENG

Area Intelligence

2024

Median Price

RM 845,000

PSF: RM 228

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Residential PSF Trends

Median Price

RM 845,000

PSF: RM 228

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 845K and a median price per square foot (PSF) of RM 228.

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 845K, with most transactions falling within a stable range of RM 790K to RM 900K, and a typical market range of RM 790K to RM 900K.

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 228, with most transactions between RM 206 and RM 250. The usual range is RM 158.50 to RM 297.50, showing that most units are priced quite close to each other. With an IQR of RM 139.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHAI LENG, Seberang Perai Tengah, Penang

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