Penang
Seberang Perai Tengah
10
TAMAN VILLA OREN

TAMAN VILLA OREN

Area Intelligence

2022

Median Price

RM 850,000

PSF: RM 332

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Residential PSF Trends

Median Price

RM 850,000

PSF: RM 332

TAMAN VILLA OREN in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 332.

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 760K to RM 940K, 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.

The median PSF stands at RM 332, with core pricing between RM 289 and RM 375. Market pricing typically extends from RM 286.50 to RM 377.50, reflecting moderate variation in unit pricing. With an IQR of RM 91.00 and MAD of RM 43, 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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