TAMAN CHAI LENG

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 10 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 708K and a median price per square foot (PSF) of RM 473.

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 708K, with most transactions falling within a stable range of RM 422K to RM 993K, and a typical market range of RM 525K to RM 890K.

Within the Single Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 473, though individual units vary from RM 301 to RM 645 in the core range. The broader market spans RM 403.50 to RM 542.50, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 172) 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. Limited transaction history suggests carefully evaluating comparable sales data.