Orchard Ville
Lengkok Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lengkok Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
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Orchard Ville
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11
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Market Snapshot
ResidentialRM480,000
RM414 psfMedian transaction price
Does ORCHARD VILLE rent out well?
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
MapsOrchard Ville in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM480K and a median price per square foot (PSF) of RM414.
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 RM480K, with most transactions falling within a stable range of RM460K to RM500K, and a typical market range of RM460K to RM500K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM414, with most transactions between RM402 and RM426. The usual range is RM386.07 to RM441.82, showing that most units are priced quite close to each other. With an IQR of RM55.75 and MAD of RM12, 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.