Taman Chai Leng

Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Property Transactions

28 subsales grouped by size

Median
RM 500,000
PSF
RM 320
Price Size
650 sqft
Flat
RM 130,000
Level 3
667 sqft · RM 195 PSF
700 sqft
Shop
RM 590,000
Level G
700 sqft · RM 843 PSF
900 sqft
1-Sty Shop
RM 755,000
Jalan Gan Chai Leng
904 sqft · RM 835 PSF
1,000 sqft
1-Sty Shop
RM 460,000
Jalan Gan Chai Leng
1,001 sqft · RM 460 PSF
1,100 sqft
1-Sty Shop
RM 490,000
Medan Kurau 1
1,098 sqft · RM 446 PSF
1,400 sqft
Terrace
RM 430,000
Lorong Kurau 3
1,400 sqft · RM 307 PSF
RM 375,000
Lorong Kurau 9
1,399 sqft · RM 268 PSF
RM 310,000
Tkt. Kurau 4
1,399 sqft · RM 222 PSF
RM 410,000
Lorong Kurau 13
1,399 sqft · RM 293 PSF
RM 500,000
Jalan Ghan Chai Leng
1,399 sqft · RM 357 PSF
RM 370,000
Lorong Kurau 7
1,399 sqft · RM 264 PSF
RM 440,000
Lorong Kurau 11
1,399 sqft · RM 314 PSF
RM 638,000
Lorong Kurau 19
1,561 sqft · RM 409 PSF
RM 500,000
Lebuhraya Kurau
1,540 sqft · RM 325 PSF
28
transactions

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Market Snapshot

RM 435,000

RM 287 psf

Median transaction price

RM 825,000

RM 453 psf

Median transaction price

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Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Maps

Taman Chai Leng in Seberang Perai Tengah, Penang recorded 28 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 320.

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 500K, with most transactions falling within a stable range of RM 130K to RM 875K, and a typical market range of RM 318K to RM 683K.

Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.

Price per square foot shows a median of RM 320, though individual units vary from RM 150 to RM 490 in the core range. The broader market spans RM 251.06 to RM 388.06, indicating diverse property characteristics. A wider spread (IQR: RM 137.00) and deviation (MAD: RM 170) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.