Area Intelligence

TAMAN ORIENTAL

6 properties
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Median Price
RM 787,500
PSF: RM 503

Residential Market

Median Price

RM 380,000

IQR: RM 22
MAD: RM 2
RM 504 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 930,000

IQR: RM 124
MAD: RM 109
RM 497 PSF 15.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN ORIENTAL in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 788K and a median price per square foot (PSF) of RM 503.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 788K, with most transactions falling within a stable range of RM 635K to RM 940K, and a typical market range of RM 578K to RM 950K.

Most transactions involved 1 - 1 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 503, with most transactions between RM 479 and RM 527. The usual range is RM 484.75 to RM 521.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.50 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN ORIENTAL, Timur Laut, Penang

OSM

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Transactions

6 properties grouped by size

650 sqft
1 units Single Storey Terraced
RM 335,000
JALAN ORIENTAL 6
667 sqft · RM 502.00 PSF
Nov 2023
750 sqft
1 units Single Storey Terraced
RM 380,000
JALAN ORIENTAL 6
753 sqft · RM 504.00 PSF
Nov 2023
1,250 sqft
1 units Single Storey Shop
RM 800,000
JALAN PAYA TERUBONG
1,259 sqft · RM 635.00 PSF
Dec 2021
1,400 sqft
1 units Single Storey Terraced
RM 775,000
JALAN ORIENTAL 1
1,421 sqft · RM 545.00 PSF
Jan 2023
1,850 sqft
1 units Single Storey Shop
RM 930,000
JLN PAYA TERUBONG
1,873 sqft · RM 497.00 PSF
Oct 2023
2,450 sqft
1 units Single Storey Shop
RM 950,000
JLN PAYA TERUBONG
2,449 sqft · RM 388.00 PSF
Oct 2024