Area Intelligence

TMN CHAI LENG

17 properties
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Median Price
RM 410,000
PSF: RM 293

Residential Market

Median Price

RM 410,000

IQR: RM 75
MAD: RM 40
RM 293 PSF 8.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 745,000

IQR: RM 306
MAD: RM 139
RM 524 PSF 17.6%

PSF Trends (2021-2025)

TMN CHAI LENG in Seberang Perai Tengah, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 410K and a median price per square foot (PSF) of RM 293.

This area contains both residential and commercial properties. View 54 residential properties or 21 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 410K, with most transactions falling within a stable range of RM 310K to RM 580K, and a typical market range of RM 310K to RM 600K.

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

Price per square foot shows a median of RM 293, though individual units vary from RM 176 to RM 411 in the core range. The broader market spans RM 225.50 to RM 360.50, indicating diverse property characteristics. A wider spread (IQR: RM 135.00) and deviation (MAD: RM 118) 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CHAI LENG, Seberang Perai Tengah, Penang

OSM

Transactions

17 properties grouped by size

1,350 sqft
1 units Single Storey Terraced
RM 350,000
TGKT KURAU 2
1,356 sqft · RM 258.00 PSF
Dec 2023
1,400 sqft
15 units (showing 6)
RM 360,000
Single Storey Terraced LORONG KURAU 2
1,399 sqft · RM 257.00 PSF
Aug 2024
RM 380,000
Single Storey Terraced LORONG KURAU 5
1,399 sqft · RM 272.00 PSF
Aug 2024
RM 390,000
Single Storey Shop TINGKAT KURAU 4
1,399 sqft · RM 279.00 PSF
May 2024
RM 420,000
Single Storey Terraced TKT. KURAU 4
1,399 sqft · RM 300.00 PSF
Jan 2024
RM 480,000
Single Storey Terraced LORONG KURAU 7
1,400 sqft · RM 343.00 PSF
Aug 2023
RM 385,000
Single Storey Terraced LORONG KURAU 9
1,399 sqft · RM 275.00 PSF
Aug 2023
1,450 sqft
1 units Double Storey Shop
RM 1,100,000
LEBUH KURAU 3
1,431 sqft · RM 769.00 PSF
Jan 2022