Orchard Ville

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

Property Transactions

3 subsales grouped by size

Median
RM580,000
PSF
RM522
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM550,000
Level 21
1,080 sqft · RM509 PSF
RM583,000
Level 22
1,116 sqft · RM522 PSF
RM580,000
Level 30
1,080 sqft · RM537 PSF
Legend Recent Highest Price Highest PSF

Selling in Orchard Ville? Homes here sold for a median of RM580,000.

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Market Snapshot

Residential

RM580,000

RM522 psf

Median transaction price

Low

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

Maps

Orchard Ville in Barat Daya, Penang recorded 3 subsale transactions in 2022, with a median price of RM580K and a median price per square foot (PSF) of RM522.

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 RM580K, with most transactions falling within a stable range of RM565K to RM583K, and a typical market range of RM550K to RM583K.

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

For price per square foot, the median is RM522, with most transactions between RM511 and RM534. The usual range is RM494.53 to RM550.28, showing that most units are priced quite close to each other. With an IQR of RM55.75 and MAD of RM11, 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.