CHEE SENG GARDEN in Timur Laut, Penang recorded 0 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 1.24 million and a median price per square foot (PSF) of RM 385.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.24 million, with most transactions falling within a stable range of RM 988K to RM 1.49 million, and a typical market range of RM 983K to RM 1.49 million.
Within the 3-Storey Shop category, 1 - 1 1/2 storey semi-detached dominated the market, with minimal variety in property types.
Price per square foot shows a median of RM 385, though individual units vary from RM 308 to RM 463 in the core range. The broader market spans RM 308.50 to RM 461.50, indicating diverse property characteristics. The spread of RM 153.00 (IQR) and deviation of RM 78 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
