Orchard Ville

Lengkok Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM550,000

RM491 psf

Median transaction price

Low

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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ORCHARD VILLE, Lengkok Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Orchard Ville in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM550K and a median price per square foot (PSF) of RM491.

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 RM550K, with most transactions falling within a stable range of RM514K to RM587K, and a typical market range of RM514K to RM586K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM491, with most transactions between RM461 and RM520. The usual range is RM462.63 to RM518.38, showing that most units are priced quite close to each other. With an IQR of RM55.75 and MAD of RM30, 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.