Taman Chai Leng

Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Property Transactions

26 subsales grouped by size

Median
RM 509,000
PSF
RM 319
Price Size
700 sqft
Flat
RM 220,000
Level 1
678 sqft · RM 324 PSF
1,350 sqft
Terrace
RM 350,000
Tgkt Kurau 2
1,356 sqft · RM 258 PSF
1,400 sqft
Terrace
RM 480,000
Lorong Kurau 11
1,399 sqft · RM 343 PSF
RM 385,000
Lorong Kurau 9
1,399 sqft · RM 275 PSF
RM 480,000
Lorong Kurau 7
1,400 sqft · RM 343 PSF
RM 460,000
Lorong Kurau 3
1,399 sqft · RM 329 PSF
1,500 sqft
1-Sty Shop
RM 780,000
Lebuh Kurau 5
1,518 sqft · RM 514 PSF
RM 400,000
Lebuhraya Kurau
1,539 sqft · RM 260 PSF
RM 498,000
Lorong Kurau 15
1,561 sqft · RM 319 PSF
RM 420,000
Lebuh Kurau 7
1,539 sqft · RM 273 PSF
RM 600,000
Lorong. Kurau 27
1,539 sqft · RM 390 PSF
RM 618,000
Lorong Kurau 1
1,572 sqft · RM 393 PSF
RM 600,000
Tingkat Kurau 6
1,539 sqft · RM 390 PSF
RM 490,000
Lebuhraya Kurau
1,539 sqft · RM 318 PSF
26
transactions

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Market Snapshot

RM 493,000

RM 306 psf

Median transaction price

RM 795,000

RM 409 psf

Median transaction price

Loading map...

Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Maps

Taman Chai Leng in Seberang Perai Tengah, Penang recorded 26 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 319.

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 509K, with most transactions falling within a stable range of RM 285K to RM 733K, and a typical market range of RM 327K to RM 692K.

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 319, though individual units vary from RM 253 to RM 384 in the core range. The broader market spans RM 250.21 to RM 387.21, indicating diverse property characteristics. The spread of RM 137.00 (IQR) and deviation of RM 66 (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. Moderate transaction volume may require patience when buying or selling.