OREN BM

OREN BM in Seberang Perai Tengah, Penang recorded 13 subsale transactions in 2022, with a median price of RM 339K and a median price per square foot (PSF) of RM 417.

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 339K, with most transactions falling within a stable range of RM 304K to RM 374K, and a typical market range of RM 310K to RM 369K.

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

For price per square foot, the median is RM 417, with most transactions between RM 377 and RM 457. The usual range is RM 387.00 to RM 447.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 40, 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.