Area Intelligence

TAMAN DESA OREN

5 properties
2023
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Median Price
RM 1,000,000
PSF: RM 621

Residential Market

Median Price

RM 1,000,000

IQR: RM 102
MAD: RM 59
RM 621 PSF 3.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN DESA OREN in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 621.

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 1.00 million, with most transactions falling within a stable range of RM 894K to RM 1.11 million, and a typical market range of RM 930K to RM 1.07 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 621, though individual units vary from RM 481 to RM 761 in the core range. The broader market spans RM 570.00 to RM 672.00, indicating diverse property characteristics. The spread of RM 102.00 (IQR) and deviation of RM 140 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TAMAN DESA OREN, Seberang Perai Utara, Penang

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Transactions

5 properties grouped by size

1,500 sqft
1 units Double Storey Terraced
RM 1,200,000
LORONG DESA OREN 1
1,507 sqft · RM 796.00 PSF
Apr 2023
1,550 sqft
2 units Double Storey Terraced
RM 1,055,000
LORONG DESA OREN 1
1,561 sqft · RM 676.00 PSF
Dec 2023
RM 970,000
LORONG DESA OREN 1
1,561 sqft · RM 621.00 PSF
Nov 2023
1,650 sqft
1 units Double Storey Terraced
RM 880,000
LORONG DESA OREN 1
1,658 sqft · RM 531.00 PSF
Sep 2023
2,650 sqft
1 units Double Storey Semi-D
RM 1,000,000
LRG DESA OREN 2
2,637 sqft · RM 379.00 PSF
Feb 2023