Area Intelligence

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)

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

OSM

Transactions

26 properties grouped by size

700 sqft
1 units Flat
RM 220,000
678 sqft · RM 324.00 PSF
Oct 2023
1,300 sqft
1 units Single Storey Shop
RM 780,000
LEBUH KURAU 5
1,302 sqft · RM 599.00 PSF
Jun 2023
1,350 sqft
1 units Single Storey Terraced
RM 350,000
TGKT KURAU 2
1,356 sqft · RM 258.00 PSF
Dec 2023
1,400 sqft
4 units Single Storey Terraced
RM 480,000
LORONG KURAU 7
1,400 sqft · RM 343.00 PSF
Aug 2023
RM 385,000
LORONG KURAU 9
1,399 sqft · RM 275.00 PSF
Aug 2023
RM 480,000
LORONG KURAU 11
1,399 sqft · RM 343.00 PSF
Aug 2023
RM 460,000
LORONG KURAU 3
1,399 sqft · RM 329.00 PSF
May 2023
1,550 sqft
10 units (showing 6)
RM 400,000
Single Storey Terraced LEBUHRAYA KURAU
1,539 sqft · RM 260.00 PSF
Nov 2023
RM 498,000
Double Storey Terraced LORONG KURAU 15
1,539 sqft · RM 324.00 PSF
Oct 2023
RM 420,000
Single Storey Terraced LEBUH KURAU 7
1,539 sqft · RM 273.00 PSF
Sep 2023
RM 600,000
Single Storey Terraced LRG. KURAU 27
1,539 sqft · RM 390.00 PSF
Sep 2023
RM 618,000
Single Storey Shop LORONG KURAU 1
1,539 sqft · RM 401.00 PSF
Aug 2023
RM 600,000
Single Storey Terraced TINGKAT KURAU 6
1,539 sqft · RM 390.00 PSF
Jun 2023
1,600 sqft
1 units Single Storey Terraced
RM 520,000
JLN GAN CHAI LENG
1,604 sqft · RM 324.00 PSF
Jun 2023
1,650 sqft
1 units Single Storey Terraced
RM 430,000
JALAN TAMAN KURAU
1,647 sqft · RM 261.00 PSF
Jun 2023
1,750 sqft
1 units Double Storey Shop
RM 810,000
JALAN CHAIN FERRY
1,744 sqft · RM 465.00 PSF
May 2023
2,700 sqft
1 units Single Storey Terraced
RM 680,000
LORONG KURAU 11
2,691 sqft · RM 253.00 PSF
Aug 2023
2,850 sqft
1 units Single Storey Terraced
RM 750,000
LEBUH KURAU
2,831 sqft · RM 265.00 PSF
Oct 2023
2,950 sqft
1 units Single Storey Shop
RM 1,182,000
LORONG KURAU 1
2,939 sqft · RM 402.00 PSF
Aug 2023
3,100 sqft
2 units Double Storey Semi-D
RM 950,000
LINTANG KURAU 3
3,100 sqft · RM 306.00 PSF
Nov 2023
RM 700,000
LINTANG KURAI 5
3,100 sqft · RM 226.00 PSF
Jun 2023
3,600 sqft
1 units Single Storey Terraced
RM 1,100,000
LORONG KURAU 1
3,606 sqft · RM 305.00 PSF
Apr 2023