Area Intelligence

TMN CHAI LENG

28 properties
2022
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Median Price
RM 500,000
PSF: RM 341

Residential Market

Median Price

RM 435,000

IQR: RM 75
MAD: RM 40
RM 288 PSF 8.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 825,000

IQR: RM 306
MAD: RM 139
RM 594 PSF 17.6%

PSF Trends (2021-2025)

TMN CHAI LENG in Seberang Perai Tengah, Penang recorded 28 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 341.

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 130K to RM 875K, 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.

Price per square foot shows a median of RM 341, though individual units vary from RM 149 to RM 533 in the core range. The broader market spans RM 273.50 to RM 408.50, indicating diverse property characteristics. A wider spread (IQR: RM 135.00) and deviation (MAD: RM 192) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN CHAI LENG, Seberang Perai Tengah, Penang

OSM

Transactions

28 properties found

Double Storey Shop LEBUH KURAU 3
RM 850,000
1,302 sqft Dec 2022
RM 653.00 PSF
Shop/Retail Lot
RM 590,000
700 sqft Dec 2022
RM 843.00 PSF
Double Storey Shop JALAN CHAIN FERRY
RM 1,525,000
3,541 sqft Oct 2022
RM 431.00 PSF
Double Storey Terraced LORONG KURAU 19
RM 638,000
1,539 sqft Oct 2022
RM 414.00 PSF
Single Storey Shop MEDAN KURAU 1
RM 490,000
1,211 sqft Aug 2022
RM 405.00 PSF
Single Storey Terraced LORONG KURAU 3
RM 430,000
1,400 sqft Aug 2022
RM 307.00 PSF
Single Storey Terraced LORONG KURAU 9
RM 375,000
1,399 sqft Aug 2022
RM 268.00 PSF
Flat
RM 130,000
667 sqft Aug 2022
RM 195.00 PSF
Single Storey Terraced JLN GHAN CHAI LENG
RM 500,000
1,399 sqft Jul 2022
RM 357.00 PSF
Single Storey Terraced LORONG KURAU 13
RM 410,000
1,399 sqft Jul 2022
RM 293.00 PSF
Single Storey Terraced TINGKAT KURAU 4
RM 495,000
1,604 sqft Jul 2022
RM 309.00 PSF
Single Storey Terraced TKT. KURAU 4
RM 310,000
1,399 sqft Jul 2022
RM 222.00 PSF
Double Storey Shop JALAN BARU
RM 725,000
1,948 sqft Jul 2022
RM 372.00 PSF
Single Storey Shop JALAN GAN CHAI LENG
RM 460,000
1,604 sqft May 2022
RM 287.00 PSF
Double Storey Shop CHAIN FERRY
RM 800,000
1,733 sqft May 2022
RM 462.00 PSF
Single Storey Shop JALAN GAN CHAI LENG
RM 755,000
1,195 sqft Apr 2022
RM 632.00 PSF
Single Storey Terraced JALAN GAN CHAI LENG
RM 450,000
1,596 sqft Apr 2022
RM 282.00 PSF
Single Storey Terraced LEBUH KURAU 9
RM 380,000
1,539 sqft Apr 2022
RM 247.00 PSF
Single Storey Terraced LEBUH KURAU 9
RM 400,000
1,539 sqft Apr 2022
RM 260.00 PSF
Single Storey Terraced LEBUHRAYA KURAU
RM 500,000
1,540 sqft Apr 2022
RM 325.00 PSF
Single Storey Terraced LORONG KURAU 7
RM 370,000
1,399 sqft Apr 2022
RM 264.00 PSF
Double Storey Semi-D LEBUHRAYA KURAU
RM 1,300,000
3,600 sqft Apr 2022
RM 361.00 PSF
Double Storey Shop JALAN KURAU
RM 1,007,000
1,814 sqft Apr 2022
RM 555.00 PSF
Double Storey Shop JALAN KURAU
RM 1,293,000
1,819 sqft Apr 2022
RM 711.00 PSF
Double Storey Shop JALAN KURAU
RM 1,580,000
1,821 sqft Apr 2022
RM 868.00 PSF
Double Storey Semi-D LEBUHRAYA KURAU
RM 970,000
3,600 sqft Feb 2022
RM 269.00 PSF
Single Storey Terraced LORONG KURAU 11
RM 440,000
1,399 sqft Jan 2022
RM 314.00 PSF
Double Storey Shop LEBUH KURAU 3
RM 1,100,000
1,431 sqft Jan 2022
RM 769.00 PSF