Orchard Ville
Lengkok Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lengkok Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 37
|
RM 590,000
|
RM 474
|
1,244 sqft
|
|
Condo |
|
Level 19
|
RM 700,000
|
RM 563
|
1,244 sqft
|
|
Condo |
| 2021 | |||||
|
Level 41
|
RM 500,000
|
RM 402
|
1,244 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 590,000
RM 474 psfMedian transaction price
ORCHARD VILLE, Lengkok Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsOrchard Ville in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM 590K and a median price per square foot (PSF) of RM 474.
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 590K, with most transactions falling within a stable range of RM 508K to RM 672K, and a typical market range of RM 554K to RM 626K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 474, with core pricing between RM 409 and RM 540. Market pricing typically extends from RM 446.41 to RM 502.16, reflecting moderate variation in unit pricing. With an IQR of RM 55.75 and MAD of RM 66, the PSF demonstrates reasonable consistency across the market.
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.