TMN CHAI LENG

TMN 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 323.

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 509K, with most transactions falling within a stable range of RM 285K to RM 733K, and a typical market range of RM 319K to RM 699K.

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 323, though individual units vary from RM 244 to RM 402 in the core range. The broader market spans RM 255.50 to RM 390.50, indicating diverse property characteristics. The spread of RM 135.00 (IQR) and deviation of RM 79 (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.