Taman Oren
Mukim 14, 13000 Butterworth, Penang, Malaysia
Mukim 14, 13000 Butterworth, Penang, Malaysia
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Market Snapshot
ResidentialRM 1,251,000
RM 791 psfMedian transaction price
Mukim 14, 13000 Butterworth, Penang, Malaysia
MapsTaman Oren in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2021, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 791.
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 1.25 million, with most transactions falling within a stable range of RM 1.23 million to RM 1.27 million, and a typical market range of RM 1.20 million to RM 1.30 million.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 791, with most transactions between RM 777 and RM 805. The usual range is RM 759.25 to RM 822.75, showing that most units are priced quite close to each other. With an IQR of RM 63.50 and MAD of RM 14, 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.