ORCHARDIA

ORCHARDIA in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 688K and a median price per square foot (PSF) of RM 456.

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 688K, with most transactions falling within a stable range of RM 675K to RM 700K, and a typical market range of RM 675K to RM 700K.

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

For price per square foot, the median is RM 456, with most transactions between RM 427 and RM 485. The usual range is RM 427.25 to RM 484.75, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 29, 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.