TAMAN VILLA OREN

TAMAN VILLA OREN in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2022, with a median price of RM 766K and a median price per square foot (PSF) of RM 439.

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 766K, with most transactions falling within a stable range of RM 696K to RM 836K, and a typical market range of RM 686K to RM 846K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 439, with most transactions between RM 397 and RM 481. The usual range is RM 393.00 to RM 484.00, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 42, 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.