TAMAN ORCHARD VILLA

Area Intelligence
2022
Median Price
RM 1,850,000
PSF: RM 227

Residential PSF Trends

Median Price

RM 1,850,000

PSF: RM 227

TAMAN ORCHARD VILLA in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2022, with a median price of RM 1.85 million and a median price per square foot (PSF) of RM 227.

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 1.85 million, with most transactions falling within a stable range of RM 1.63 million to RM 2.07 million, and a typical market range of RM 1.67 million to RM 2.03 million.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 227, with core pricing between RM 202 and RM 252. Market pricing typically extends from RM 197.50 to RM 256.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 25, 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.

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TAMAN ORCHARD VILLA, Seberang Perai Selatan, Penang

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