TMN CHAI LENG

TMN CHAI LENG in Seberang Perai Tengah, Penang recorded 11 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 895K and a median price per square foot (PSF) of RM 555.

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 895K, with most transactions falling within a stable range of RM 725K to RM 1.18 million, and a typical market range of RM 725K to RM 1.09 million.

Within the Double 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 555, though individual units vary from RM 381 to RM 729 in the core range. The broader market spans RM 487.50 to RM 622.50, indicating diverse property characteristics. A wider spread (IQR: RM 135.00) and deviation (MAD: RM 174) 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.