Area Intelligence

PUSAT PERNIAGAAN OREN

9 properties
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Median Price
RM 1,680,000
PSF: RM 862

Commercial Market

Median Price

RM 1,680,000

IQR: RM 36
MAD: RM 20
RM 862 PSF 3.4%

PSF Trends (2021-2025)

PUSAT PERNIAGAAN OREN in Seberang Perai Utara, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 1.68 million and a median price per square foot (PSF) of RM 862.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.68 million, with most transactions falling within a stable range of RM 1.65 million to RM 1.71 million, and a typical market range of RM 1.65 million to RM 1.72 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 862, with most transactions between RM 842 and RM 882. The usual range is RM 844.00 to RM 880.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

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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PUSAT PERNIAGAAN OREN, Seberang Perai Utara, Penang

OSM

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Transactions

9 properties grouped by size

1,950 sqft
8 units 3-Storey Storey Shop
RM 1,750,000
JALAN OREN
1,927 sqft · RM 908.00 PSF
Nov 2022
RM 1,680,000
JALAN OREN
1,927 sqft · RM 872.00 PSF
Aug 2022
RM 1,680,000
JALAN OREN
1,938 sqft · RM 867.00 PSF
Aug 2022
RM 1,660,000
JALAN OREN
1,927 sqft · RM 862.00 PSF
Jun 2022
RM 1,630,000
JALAN OREN
1,927 sqft · RM 846.00 PSF
Feb 2022
RM 1,700,000
JALAN MERBAU
1,927 sqft · RM 882.00 PSF
Jan 2022
RM 1,560,000
JALAN OREN
1,927 sqft · RM 810.00 PSF
Jan 2022
RM 1,610,000
JALAN OREN
1,927 sqft · RM 836.00 PSF
Dec 2021
2,050 sqft
1 units 3-Storey Storey Shop
RM 1,706,000
JALAN MERBAU
2,067 sqft · RM 825.00 PSF
Jul 2022