Penang
Seberang Perai Tengah
1
TMN CHAI LENG

Area Intelligence

1, Seberang Perai Tengah, Penang

TMN CHAI LENG

26 properties

2023

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Median Price

RM 509,000

PSF: RM 323

Residential Market

Median Price

RM 493,000

IQR: RM 75

MAD: RM 40

RM 312 PSF 8.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 795,000

IQR: RM 306

MAD: RM 139

RM 434 PSF 17.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

33 properties

Median Price

RM 420,000

-1.2% CAGR

Median PSF

RM 287.50

-0.3% CAGR

Double Storey Terraced

12 properties

Median Price

RM 600,000

+12.5% CAGR

Median PSF

RM 357.00

+20.6% CAGR

Double Storey Shop

11 properties

Median Price

RM 857,500

-2.9% CAGR

Median PSF

RM 534.50

-21.2% CAGR

Single Storey Shop

9 properties

Median Price

RM 780,000

+46.4% CAGR

Median PSF

RM 405.00

+15.6% CAGR

Double Storey Semi-D

5 properties

Median Price

RM 900,000

-11.0% CAGR

Median PSF

RM 266.00

-10.9% CAGR

Flat

4 properties

Median Price

RM 220,000

+34.5% CAGR

Median PSF

RM 324.00

+32.2% CAGR

Single Storey Semi-D

2 properties

Median Price

RM 870,000

-6.0% CAGR

Median PSF

RM 189.50

+6.0% CAGR

Shop/Retail Lot

1 properties

Median Price

RM 590,000

Median PSF

RM 843.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	33	RM 420,000 ±10K MAD	-1.20%	RM 287.50 ±2 MAD	-0.26%
Double Storey Terraced	12	RM 600,000 ±100K MAD	+12.47%	RM 357.00 ±57 MAD	+20.58%
Double Storey Shop	11	RM 857,500 ±43K MAD	-2.88%	RM 534.50 ±93 MAD	-21.22%
Single Storey Shop	9	RM 780,000 ±270K MAD	+46.39%	RM 405.00 ±3 MAD	+15.58%
Double Storey Semi-D	5	RM 900,000 ±75K MAD	-10.95%	RM 266.00 ±16 MAD	-10.91%
Flat	4	RM 220,000 ±15K MAD	+34.45%	RM 324.00 ±17 MAD	+32.24%
Single Storey Semi-D	2	RM 870,000 ±80K MAD	-5.96%	RM 189.50 ±17 MAD	+5.99%
Shop/Retail Lot	1	RM 590,000	-	RM 843.00	-

TMN CHAI LENG in Seberang Perai Tengah, Penang recorded 26 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 323.

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 509K, with most transactions falling within a stable range of RM 285K to RM 733K, and a typical market range of RM 319K to RM 699K.

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 323, though individual units vary from RM 244 to RM 402 in the core range. The broader market spans RM 255.50 to RM 390.50, indicating diverse property characteristics. The spread of RM 135.00 (IQR) and deviation of RM 79 (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.

Area Location

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TMN CHAI LENG, Seberang Perai Tengah, Penang

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Property Type

All Types Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced Flat Shop/Retail Lot

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

26 properties found

View:

Grouped Individual

Single Storey Terraced TGKT KURAU 2

RM 350,000

1,356 sqft Dec 2023

RM 258.00 PSF

Single Storey Terraced LEBUHRAYA KURAU

RM 400,000

1,539 sqft Nov 2023

RM 260.00 PSF

Double Storey Semi-D LINTANG KURAU 3

RM 950,000

3,100 sqft Nov 2023

RM 306.00 PSF

Single Storey Terraced LEBUH KURAU

RM 750,000

2,831 sqft Oct 2023

RM 265.00 PSF

Double Storey Terraced LORONG KURAU 15

RM 498,000

1,539 sqft Oct 2023

RM 324.00 PSF

Flat

RM 220,000

678 sqft Oct 2023

RM 324.00 PSF

Single Storey Terraced LEBUH KURAU 7

RM 420,000

1,539 sqft Sep 2023

RM 273.00 PSF

Single Storey Terraced LRG. KURAU 27

RM 600,000

1,539 sqft Sep 2023

RM 390.00 PSF

Single Storey Shop LORONG KURAU 1

RM 618,000

1,539 sqft Aug 2023

RM 401.00 PSF

Single Storey Shop LORONG KURAU 1

RM 1,182,000

2,939 sqft Aug 2023

RM 402.00 PSF

Single Storey Terraced LORONG KURAU 7

RM 480,000

1,400 sqft Aug 2023

RM 343.00 PSF

Single Storey Terraced LORONG KURAU 9

RM 385,000

1,399 sqft Aug 2023

RM 275.00 PSF

Single Storey Terraced LORONG KURAU 11

RM 480,000

1,399 sqft Aug 2023

RM 343.00 PSF

Single Storey Terraced LORONG KURAU 11

RM 680,000

2,691 sqft Aug 2023

RM 253.00 PSF

Single Storey Shop LEBUH KURAU 5

RM 780,000

1,302 sqft Jun 2023

RM 599.00 PSF

Single Storey Terraced JALAN TAMAN KURAU

RM 430,000

1,647 sqft Jun 2023

RM 261.00 PSF

Single Storey Terraced JLN GAN CHAI LENG

RM 520,000

1,604 sqft Jun 2023

RM 324.00 PSF

Single Storey Terraced TINGKAT KURAU 6

RM 600,000

1,539 sqft Jun 2023

RM 390.00 PSF

Double Storey Semi-D LINTANG KURAI 5

RM 700,000

3,100 sqft Jun 2023

RM 226.00 PSF

Single Storey Terraced LEBUHRAYA KURAU

RM 490,000

1,539 sqft May 2023

RM 318.00 PSF

Single Storey Terraced LORONG KURAU 3

RM 460,000

1,399 sqft May 2023

RM 329.00 PSF

Double Storey Shop JALAN CHAIN FERRY

RM 810,000

1,744 sqft May 2023

RM 465.00 PSF

Single Storey Terraced LORONG KURAU 1

RM 1,100,000

3,606 sqft Apr 2023

RM 305.00 PSF

Double Storey Terraced LORONG KURAU 17

RM 496,000

1,539 sqft Mar 2023

RM 322.00 PSF

Double Storey Terraced LORONG KURAU 15

RM 400,000

1,539 sqft Jan 2023

RM 260.00 PSF

Double Storey Terraced LRG. KURAU 21

RM 620,000

1,539 sqft Jan 2023

RM 403.00 PSF

Type	Road	Price	PSF	Area	Date
Single Storey Terraced	TGKT KURAU 2	RM 350,000	RM 258.00	1,356 sqft	Dec 2023
Single Storey Terraced	LEBUHRAYA KURAU	RM 400,000	RM 260.00	1,539 sqft	Nov 2023
Double Storey Semi-D	LINTANG KURAU 3	RM 950,000	RM 306.00	3,100 sqft	Nov 2023
Single Storey Terraced	LEBUH KURAU	RM 750,000	RM 265.00	2,831 sqft	Oct 2023
Double Storey Terraced	LORONG KURAU 15	RM 498,000	RM 324.00	1,539 sqft	Oct 2023
Flat		RM 220,000	RM 324.00	678 sqft	Oct 2023
Single Storey Terraced	LEBUH KURAU 7	RM 420,000	RM 273.00	1,539 sqft	Sep 2023
Single Storey Terraced	LRG. KURAU 27	RM 600,000	RM 390.00	1,539 sqft	Sep 2023
Single Storey Shop	LORONG KURAU 1	RM 618,000	RM 401.00	1,539 sqft	Aug 2023
Single Storey Shop	LORONG KURAU 1	RM 1,182,000	RM 402.00	2,939 sqft	Aug 2023
Single Storey Terraced	LORONG KURAU 7	RM 480,000	RM 343.00	1,400 sqft	Aug 2023
Single Storey Terraced	LORONG KURAU 9	RM 385,000	RM 275.00	1,399 sqft	Aug 2023
Single Storey Terraced	LORONG KURAU 11	RM 480,000	RM 343.00	1,399 sqft	Aug 2023
Single Storey Terraced	LORONG KURAU 11	RM 680,000	RM 253.00	2,691 sqft	Aug 2023
Single Storey Shop	LEBUH KURAU 5	RM 780,000	RM 599.00	1,302 sqft	Jun 2023
Single Storey Terraced	JALAN TAMAN KURAU	RM 430,000	RM 261.00	1,647 sqft	Jun 2023
Single Storey Terraced	JLN GAN CHAI LENG	RM 520,000	RM 324.00	1,604 sqft	Jun 2023
Single Storey Terraced	TINGKAT KURAU 6	RM 600,000	RM 390.00	1,539 sqft	Jun 2023
Double Storey Semi-D	LINTANG KURAI 5	RM 700,000	RM 226.00	3,100 sqft	Jun 2023
Single Storey Terraced	LEBUHRAYA KURAU	RM 490,000	RM 318.00	1,539 sqft	May 2023
Single Storey Terraced	LORONG KURAU 3	RM 460,000	RM 329.00	1,399 sqft	May 2023
Double Storey Shop	JALAN CHAIN FERRY	RM 810,000	RM 465.00	1,744 sqft	May 2023
Single Storey Terraced	LORONG KURAU 1	RM 1,100,000	RM 305.00	3,606 sqft	Apr 2023
Double Storey Terraced	LORONG KURAU 17	RM 496,000	RM 322.00	1,539 sqft	Mar 2023
Double Storey Terraced	LORONG KURAU 15	RM 400,000	RM 260.00	1,539 sqft	Jan 2023
Double Storey Terraced	LRG. KURAU 21	RM 620,000	RM 403.00	1,539 sqft	Jan 2023