TAMAN OREN INDAH

TAMAN OREN INDAH in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 623K and a median price per square foot (PSF) of RM 510.

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 623K, with most transactions falling within a stable range of RM 621K to RM 625K, and a typical market range of RM 620K to RM 625K.

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

For price per square foot, the median is RM 510, with most transactions between RM 504 and RM 516. The usual range is RM 454.13 to RM 565.88, showing that most units are priced quite close to each other. With an IQR of RM 111.75 and MAD of RM 6, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.