Pusat Perniagaan Oren
119, Jalan Merbau, Taman Merbau, 13000 Butterworth, Pulau Pinang, Malaysia
119, Jalan Merbau, Taman Merbau, 13000 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merbau
|
RM 2,000,000
|
RM 532
|
3,757 sqft
|
|
|
|
Jalan Oren
|
RM 1,750,000
|
RM 466
|
3,757 sqft
|
|
|
|
Jalan Oren
|
RM 1,680,000
|
RM 447
|
3,757 sqft
|
|
|
|
Jalan Oren
|
RM 1,680,000
|
RM 447
|
3,757 sqft
|
|
|
|
Jalan Merbau
|
RM 1,706,000
|
RM 454
|
3,757 sqft
|
|
|
|
Jalan Oren
|
RM 1,660,000
|
RM 442
|
3,757 sqft
|
|
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119, Jalan Merbau, Taman Merbau, 13000 Butterworth, Pulau Pinang, Malaysia
MapsPusat Perniagaan Oren in Seberang Perai Utara, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 1.68 million and a median price per square foot (PSF) of RM 447.
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 1.68 million, with most transactions falling within a stable range of RM 1.64 million to RM 1.72 million, and a typical market range of RM 1.65 million to RM 1.71 million.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 447, with most transactions between RM 424 and RM 471. The usual range is RM 426.71 to RM 467.71, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 24 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.