TAMAN OREN MELUR

Area Intelligence
2023
Median Price
RM 1,036,000
PSF: RM 398

TAMAN OREN MELUR in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 398.

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 1.04 million, with most transactions falling within a stable range of RM 1.03 million to RM 1.19 million, and a typical market range of RM 1.03 million to RM 1.09 million.

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

The median PSF stands at RM 398, with core pricing between RM 340 and RM 456. Market pricing typically extends from RM 384.72 to RM 410.72, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 58, 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 OREN MELUR, Seberang Perai Utara, Penang

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Property Transactions

7 transactions grouped by size

2,600 sqft
Double Storey Terraced
RM 1,044,000
JALAN OREN MELUR
2,605 sqft · RM 401 PSF
RM 1,034,000
JALAN OREN MELUR
2,605 sqft · RM 397 PSF
RM 1,036,000
JALAN OREN MELUR
2,605 sqft · RM 398 PSF
RM 1,036,000
JALAN OREN MELUR
2,605 sqft · RM 398 PSF
RM 1,387,000
JALAN OREN MELUR
2,605 sqft · RM 532 PSF
RM 1,350,000
JALAN OREN MELUR
2,605 sqft · RM 518 PSF
RM 1,028,000
JALAN OREN MELUR
2,605 sqft · RM 395 PSF

No Properties For Sale

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

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