Penang, Seberang Perai Utara, Butterworth

TAMAN OREN

Area Intelligence

2023

Median Price

RM 1,201,000

PSF: RM 759

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Residential PSF Trends

Median Price

RM 1,201,000

PSF: RM 759

TAMAN OREN in Seberang Perai Utara, Penang recorded 14 subsale transactions in 2023, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 759.

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 1.20 million, with most transactions falling within a stable range of RM 1.12 million to RM 1.28 million, and a typical market range of RM 1.17 million to RM 1.23 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 759, with most transactions between RM 686 and RM 832. The usual range is RM 742.25 to RM 775.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 73 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.

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TAMAN OREN, Seberang Perai Utara, Penang

OSM

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Transactions

14 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,600 sqft

Double Storey Terraced

1,600 sqft

Double Storey Terraced

RM 1,210,000

LORONG OREN 4

1,582 sqft · RM 765 PSF

Dec 2023

RM 1,291,000

LORONG OREN 2

1,582 sqft · RM 816 PSF

Nov 2023

RM 1,171,000

LORONG OREN 4

1,582 sqft · RM 740 PSF

Nov 2023

RM 1,201,000

LORONG OREN 2

1,582 sqft · RM 759 PSF

Oct 2023

RM 1,261,000

LORONG OREN 4

1,582 sqft · RM 797 PSF

Aug 2023

RM 950,000

LORONG OREN 4

1,582 sqft · RM 600 PSF

Aug 2023

LORONG OREN 4	RM 1,210,000	RM 765	1,582 sqft	Dec 2023
LORONG OREN 2	RM 1,291,000	RM 816	1,582 sqft	Nov 2023
LORONG OREN 4	RM 1,171,000	RM 740	1,582 sqft	Nov 2023
LORONG OREN 2	RM 1,201,000	RM 759	1,582 sqft	Oct 2023
LORONG OREN 4	RM 1,261,000	RM 797	1,582 sqft	Aug 2023
LORONG OREN 4	RM 950,000	RM 600	1,582 sqft	Aug 2023