TAMAN VILLA OREN

Area Intelligence
2024
Median Price
RM 850,000
PSF: RM 486

Residential PSF Trends

Median Price

RM 850,000

PSF: RM 486

TAMAN VILLA OREN in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2024, with a median price of RM 850K and a median price per square foot (PSF) of RM 486.

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 850K, with most transactions falling within a stable range of RM 780K to RM 920K, and a typical market range of RM 770K to RM 930K.

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 486, with most transactions between RM 444 and RM 528. The usual range is RM 440.50 to RM 531.50, 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.

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TAMAN VILLA OREN, Seberang Perai Tengah, Penang

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