Penang
Timur Laut
Ayer Itam
KAWASAN CHOR SIN KHENG

KAWASAN CHOR SIN KHENG

Area Intelligence

2022

Median Price

RM 690,000

PSF: RM 439

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Residential PSF Trends

Median Price

RM 690,000

PSF: RM 439

KAWASAN CHOR SIN KHENG in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 690K and a median price per square foot (PSF) of RM 439.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 690K, with most transactions falling within a stable range of RM 650K to RM 940K, and a typical market range of RM 650K to RM 794K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 439, with most transactions between RM 412 and RM 466. The usual range is RM 419.50 to RM 458.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.

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.

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KAWASAN CHOR SIN KHENG, Timur Laut, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 1,200,000

JALAN CHOR SIN KHENG

3,041 sqft • RM 395.00 PSF

Dec 2022

RM 690,000

JALAN CHOR SIN KHEANG

1,571 sqft • RM 439.00 PSF

Jul 2022

RM 650,000

LORONG ZOO 5

1,414 sqft • RM 460.00 PSF

May 2022

Road	Price	Land PSF	Land	Date	Type
JALAN CHOR SIN KHENG	RM 1,200,000	RM 395.00	3,041 sqft	Dec 2022	Single Storey Terraced
JALAN CHOR SIN KHEANG	RM 690,000	RM 439.00	1,571 sqft	Jul 2022	Single Storey Terraced
LORONG ZOO 5	RM 650,000	RM 460.00	1,414 sqft	May 2022	Single Storey Terraced