| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 190,000
|
RM 285
|
667 sqft
|
|
|
|
Level 3
|
RM 130,000
|
RM 195
|
667 sqft
|
|
|
Level 2
|
RM 240,000
|
RM 343
|
700 sqft
|
|
|
|
Level 2
|
RM 230,000
|
RM 339
|
678 sqft
|
|
|
|
Level 1
|
RM 220,000
|
RM 324
|
678 sqft
|
|
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Market Snapshot
RM 220,000
RM 324 psfMedian transaction price
RM 815,000
RM 544 psfMedian transaction price
Taman Chai Leng I, 13700 Perai, Penang, Malaysia
MapsTaman Chai Leng in Seberang Perai Tengah, Penang recorded 5 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 220K and a median price per square foot (PSF) of RM 324.
This area contains both residential and commercial properties. View 67 residential properties or 24 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 220K, with most transactions falling within a stable range of RM 180K to RM 240K, and a typical market range of RM 130K to RM 240K.
Within the Flat category, 2 - 2 1/2 storey shop3 - dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 324, with core pricing between RM 269 and RM 380. Market pricing typically extends from RM 255.92 to RM 392.92, reflecting moderate variation in unit pricing. The spread of RM 137.00 (IQR) and deviation of RM 55 (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.