TMN CHAI LENG

TMN CHAI LENG in Seberang Perai Tengah, Penang recorded 9 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 755K and a median price per square foot (PSF) of RM 405.

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 755K, with most transactions falling within a stable range of RM 456K to RM 1.05 million, and a typical market range of RM 565K to RM 945K.

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

Price per square foot shows a median of RM 405, though individual units vary from RM 224 to RM 586 in the core range. The broader market spans RM 337.50 to RM 472.50, indicating diverse property characteristics. A wider spread (IQR: RM 135.00) and deviation (MAD: RM 181) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.