Area Intelligence

CHOONG LYE HIN ROAD

3 properties
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Median Price
RM 1,880,000
PSF: RM 373

Residential Market

Median Price

RM 1,880,000

IQR: RM 37
MAD: RM 12
RM 373 PSF 11.0%

PSF Trends (2021-2025)

CHOONG LYE HIN ROAD in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.88 million and a median price per square foot (PSF) of RM 373.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.88 million, with most transactions falling within a stable range of RM 1.66 million to RM 2.10 million, and a typical market range of RM 1.77 million to RM 1.99 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 373, with most transactions between RM 361 and RM 385. The usual range is RM 354.75 to RM 391.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.50 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CHOONG LYE HIN ROAD, Timur Laut, Penang

OSM

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Transactions

3 properties grouped by size

4,400 sqft
1 units Double Storey Semi-D
RM 1,650,000
JLN CHOONG LYE HIN
4,420 sqft · RM 373.00 PSF
Dec 2024
4,900 sqft
1 units Double Storey Semi-D
RM 1,880,000
JLN CHOONG LYE HIN
4,884 sqft · RM 385.00 PSF
Jul 2023
6,700 sqft
1 units Double Storey Semi-D
RM 2,100,000
JALAN CHOONG LYE HOCK
6,721 sqft · RM 312.00 PSF
Oct 2024