OREN BM

Area Intelligence

2023

Median Price

RM 378,500

PSF: RM 457

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Residential PSF Trends

Median Price

RM 378,500

PSF: RM 457

OREN BM in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 379K and a median price per square foot (PSF) of RM 457.

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 379K, with most transactions falling within a stable range of RM 350K to RM 413K, and a typical market range of RM 350K to RM 408K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 457, with most transactions between RM 414 and RM 499. The usual range is RM 426.50 to RM 486.50, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 43, 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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OREN BM, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

8 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 380,000

Level 17

818 sqft • RM 465.00 PSF

Nov 2023

RM 400,000

Level 23

818 sqft • RM 489.00 PSF

Nov 2023

RM 350,000

Level 23

818 sqft • RM 428.00 PSF

Sep 2023

RM 377,000

Level 24

818 sqft • RM 461.00 PSF

Sep 2023

RM 468,000

Level 20

818 sqft • RM 572.00 PSF

Aug 2023

RM 387,000

Level 19

861 sqft • RM 449.00 PSF

Aug 2023

RM 370,000

Level 10

818 sqft • RM 452.00 PSF

Jul 2023

RM 354,000

Level 16

818 sqft • RM 433.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
Level 17	RM 380,000	RM 465.00	818 sqft	Nov 2023	Condo/Apartment
Level 23	RM 400,000	RM 489.00	818 sqft	Nov 2023	Condo/Apartment
Level 23	RM 350,000	RM 428.00	818 sqft	Sep 2023	Condo/Apartment
Level 24	RM 377,000	RM 461.00	818 sqft	Sep 2023	Condo/Apartment
Level 20	RM 468,000	RM 572.00	818 sqft	Aug 2023	Condo/Apartment
Level 19	RM 387,000	RM 449.00	861 sqft	Aug 2023	Condo/Apartment
Level 10	RM 370,000	RM 452.00	818 sqft	Jul 2023	Condo/Apartment
Level 16	RM 354,000	RM 433.00	818 sqft	Feb 2023	Condo/Apartment