TAMAN VILLA OREN

Area Intelligence
2023
Median Price
RM 990,000
PSF: RM 302

Residential PSF Trends

Median Price

RM 990,000

PSF: RM 302

TAMAN VILLA OREN in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 990K and a median price per square foot (PSF) of RM 302.

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 990K, with most transactions falling within a stable range of RM 940K to RM 1.22 million, and a typical market range of RM 940K to RM 1.07 million.

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

Price per square foot shows a median of RM 302, though individual units vary from RM 217 to RM 387 in the core range. The broader market spans RM 256.50 to RM 347.50, indicating diverse property characteristics. A wider spread (IQR: RM 91.00) and deviation (MAD: RM 85) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

3 transactions grouped by size

2,150 sqft
Double Storey Terraced
RM 940,000
LORONG VILLA OREN 4
2,153 sqft · RM 437 PSF
4,250 sqft
Double Storey Semi-D
RM 990,000
LORONG VILLA OREN 1
4,252 sqft · RM 233 PSF
4,800 sqft
Bungalow
RM 1,450,000
LORONG VILLA OREN 2
4,801 sqft · RM 302 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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