TAMAN OREN INDAH

TAMAN OREN INDAH in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 698K and a median price per square foot (PSF) of RM 566.

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 698K, with most transactions falling within a stable range of RM 688K to RM 1.17 million, and a typical market range of RM 688K to RM 751K.

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

Price per square foot shows a median of RM 566, though individual units vary from RM 446 to RM 686 in the core range. The broader market spans RM 510.13 to RM 621.88, indicating diverse property characteristics. The spread of RM 111.75 (IQR) and deviation of RM 120 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.