ORANGE HARTAMAS

ORANGE HARTAMAS in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 655K and a median price per square foot (PSF) of RM 483.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 655K, with most transactions falling within a stable range of RM 633K to RM 676K, and a typical market range of RM 648K to RM 661K.

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

For price per square foot, the median is RM 483, with most transactions between RM 482 and RM 483. The usual range is RM 481.75 to RM 483.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 1.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

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.