TAMAN CHAI LENG

Area Intelligence
Condo/Apartment
Median Price
RM 520,000
PSF: RM 318

Residential PSF Trends

Median Price

RM 485,000

PSF: RM 306

Commercial PSF Trends

Median Price

RM 810,000

RM 541 PSF

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 0 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 520K and a median price per square foot (PSF) of RM 318.

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 520K, with most transactions falling within a stable range of RM 385K to RM 655K, and a typical market range of RM 338K to RM 703K.

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

The median PSF stands at RM 318, with core pricing between RM 260 and RM 376. Market pricing typically extends from RM 248.50 to RM 387.50, reflecting moderate variation in unit pricing. 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHAI LENG, Seberang Perai Tengah, Penang

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