OREN BM

OREN BM in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 383K and a median price per square foot (PSF) of RM 467.

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 383K, with most transactions falling within a stable range of RM 353K to RM 410K, and a typical market range of RM 353K to RM 410K.

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

For price per square foot, the median is RM 467, with most transactions between RM 437 and RM 497. The usual range is RM 437.00 to RM 497.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 30, 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.