Area Intelligence

TAMAN OREN INDAH

3 properties
2021
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Median Price
RM 691,000
PSF: RM 414

Residential Market

Median Price

RM 691,000

IQR: RM 112
MAD: RM 53
RM 414 PSF 9.5%

PSF Trends (2021-2025)

TAMAN OREN INDAH in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 691K and a median price per square foot (PSF) of RM 414.

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 691K, with most transactions falling within a stable range of RM 648K to RM 734K, and a typical market range of RM 645K to RM 744K.

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

For price per square foot, the median is RM 414, with most transactions between RM 390 and RM 438. The usual range is RM 358.13 to RM 469.88, showing that most units are priced quite close to each other. With an IQR of RM 111.75 and MAD of RM 24, 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.

Area Location

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TAMAN OREN INDAH, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 645,000
LORONG OREN INDAH 2
1,399 sqft · RM 461.00 PSF
May 2021
1,650 sqft
1 units Double Storey Terraced
RM 691,000
LORONG OREN INDAH 1
1,668 sqft · RM 414.00 PSF
Dec 2021
1,850 sqft
1 units Double Storey Terraced
RM 749,000
LORONG OREN INDAH 2
1,841 sqft · RM 407.00 PSF
Dec 2021