Taman Chai Leng

Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM1,230,000
Medan Kurau 1
1,098 sqft RM1,120 PSF
RM490,000
Medan Kurau 1
1,098 sqft RM446 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Chai Leng? Homes here sold for a median of RM860,000.

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Market Snapshot

RM480,000

RM300 psf

Median transaction price

RM860,000

RM783 psf

Median transaction price

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Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Maps

Taman Chai Leng in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM860K and a median price per square foot (PSF) of RM783.

This area contains both residential and commercial properties. View 67 residential properties or 24 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM860K, with most transactions falling within a stable range of RM490K to RM1.23 million, and a typical market range of RM678K to RM1.04 million.

Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.

Price per square foot shows a median of RM783, though individual units vary from RM446 to RM1,120 in the core range. The broader market spans RM714.80 to RM851.80, indicating diverse property characteristics. A wider spread (IQR: RM137.00) and deviation (MAD: RM337) 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.