Area Intelligence

TMN CHAI LENG

12 properties
Double Storey Terraced
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Median Price
RM 575,000
PSF: RM 341

Residential Market

Median Price

RM 575,000

IQR: RM 75
MAD: RM 40
RM 341 PSF 8.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 820,000

IQR: RM 306
MAD: RM 139
RM 541 PSF 17.6%

PSF Trends (2021-2025)

TMN CHAI LENG in Seberang Perai Tengah, Penang recorded 12 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 575K 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 575K, with most transactions falling within a stable range of RM 471K to RM 679K, and a typical market range of RM 400K to RM 765K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 341, though individual units vary from RM 262 to RM 419 in the core range. The broader market spans RM 273.00 to RM 408.00, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CHAI LENG, Seberang Perai Tengah, Penang

OSM

Transactions

12 properties grouped by size

1,550 sqft
10 units (showing 6) Double Storey Terraced
RM 800,000
TINGKAT KURAU 6
1,539 sqft · RM 520.00 PSF
Feb 2025
RM 490,000
LRG. KURAU 23
1,539 sqft · RM 318.00 PSF
Aug 2024
RM 600,000
LORONG KURAU 17
1,539 sqft · RM 390.00 PSF
Jul 2024
RM 550,000
LORONG KURAU 21
1,539 sqft · RM 357.00 PSF
Apr 2024
RM 680,000
LORONG KURAU 19
1,539 sqft · RM 442.00 PSF
Feb 2024
RM 498,000
LORONG KURAU 15
1,539 sqft · RM 324.00 PSF
Oct 2023
2,050 sqft
1 units Double Storey Terraced
RM 500,000
LORONG KURAU 15
2,034 sqft · RM 246.00 PSF
Nov 2021
2,450 sqft
1 units Double Storey Terraced
RM 650,000
LORONG KURAU 15
2,454 sqft · RM 265.00 PSF
May 2024