Area Intelligence

TAMAN DESA OREN

6 properties
2024
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Median Price
RM 1,020,000
PSF: RM 636

Residential Market

Median Price

RM 1,020,000

IQR: RM 102
MAD: RM 59
RM 636 PSF 3.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN DESA OREN in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2024, with a median price of RM 1.02 million and a median price per square foot (PSF) of RM 636.

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 1.02 million, with most transactions falling within a stable range of RM 958K to RM 1.12 million, and a typical market range of RM 958K to RM 1.09 million.

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

The median PSF stands at RM 636, with core pricing between RM 563 and RM 709. Market pricing typically extends from RM 585.00 to RM 687.00, reflecting moderate variation in unit pricing. With an IQR of RM 102.00 and MAD of RM 73, 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.

Area Location

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TAMAN DESA OREN, Seberang Perai Utara, Penang

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Transactions

6 properties grouped by size

1,550 sqft
4 units Double Storey Terraced
RM 1,100,000
LORONG DESA OREN 1
1,561 sqft · RM 705.00 PSF
Oct 2024
RM 960,000
LORONG DESA OREN 1
1,550 sqft · RM 619.00 PSF
Jul 2024
RM 990,000
LORONG DESA OREN 1
1,550 sqft · RM 639.00 PSF
May 2024
RM 1,250,000
LORONG DESA OREN 1
1,561 sqft · RM 801.00 PSF
Jan 2024
1,650 sqft
2 units Double Storey Terraced
RM 1,050,000
LRG DESA OREN 1
1,658 sqft · RM 633.00 PSF
Aug 2024
RM 958,000
LRG DESA OREN 1
1,668 sqft · RM 574.00 PSF
May 2024