Area Intelligence

TMN CHAI LENG

4 properties
Flat
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Median Price
RM 225,000
PSF: RM 332

Residential Market

Median Price

RM 225,000

IQR: RM 75
MAD: RM 40
RM 332 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 4 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 225K and a median price per square foot (PSF) of RM 332.

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 225K, with most transactions falling within a stable range of RM 181K to RM 240K, and a typical market range of RM 130K to RM 240K.

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

The median PSF stands at RM 332, with core pricing between RM 270 and RM 393. Market pricing typically extends from RM 264.00 to RM 399.00, reflecting moderate variation in unit pricing. The spread of RM 135.00 (IQR) and deviation of RM 61 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CHAI LENG, Seberang Perai Tengah, Penang

OSM

Transactions

4 properties grouped by size

650 sqft
1 units Flat
RM 130,000
667 sqft · RM 195.00 PSF
Aug 2022
700 sqft
3 units Flat
RM 240,000
700 sqft · RM 343.00 PSF
Oct 2024
RM 230,000
678 sqft · RM 339.00 PSF
Apr 2024
RM 220,000
678 sqft · RM 324.00 PSF
Oct 2023