Area Intelligence

CHOONG LYE HIN ROAD

1 properties
2023
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Median Price
RM 1,880,000
PSF: RM 385

Residential Market

Median Price

RM 1,880,000

IQR: RM 37
MAD: RM 12
RM 385 PSF 11.0%

PSF Trends (2021-2025)

CHOONG LYE HIN ROAD in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.88 million and a median price per square foot (PSF) of RM 385.

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

Price remained flat, and PSF growth was PSF remained flat.

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 385, with most transactions between RM 385 and RM 385. The usual range is RM 366.75 to RM 403.25, 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 0 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

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Transactions

1 properties grouped by size

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