Penang
Timur Laut
Tanjung Bungah
CHEE SENG GARDEN

CHEE SENG GARDEN

Area Intelligence

2024

Median Price

RM 1,475,000

PSF: RM 456

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Residential PSF Trends

Median Price

RM 1,475,000

PSF: RM 456

CHEE SENG GARDEN in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.48 million and a median price per square foot (PSF) of RM 456.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 456, with most transactions between RM 456 and RM 456. The usual range is RM 379.50 to RM 532.50, showing that most units are priced quite close to each other. With an IQR of RM 153.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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CHEE SENG GARDEN, Timur Laut, Penang

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