TMN CHAI LENG

TMN CHAI LENG in Seberang Perai Tengah, Penang recorded 77 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 322.

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 500K, with most transactions falling within a stable range of RM 375K to RM 625K, and a typical market range of RM 310K to RM 690K.

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

The median PSF stands at RM 322, with core pricing between RM 260 and RM 384. Market pricing typically extends from RM 254.50 to RM 389.50, reflecting moderate variation in unit pricing. The spread of RM 135.00 (IQR) and deviation of RM 62 (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.