Area Intelligence

TAMAN ORIENTAL

3 properties
Single Storey Shop
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Median Price
RM 930,000
PSF: RM 497

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 3 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 930K and a median price per square foot (PSF) of RM 497.

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 930K, with most transactions falling within a stable range of RM 864K to RM 950K, and a typical market range of RM 800K to RM 950K.

Within the Single Storey Shop category, 1 - 1 1/2 storey shop dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 497, though individual units vary from RM 396 to RM 598 in the core range. The broader market spans RM 478.75 to RM 515.25, indicating diverse property characteristics. The spread of RM 36.50 (IQR) and deviation of RM 101 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN ORIENTAL, Timur Laut, Penang

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Transactions

3 properties grouped by size

1,250 sqft
1 units Single Storey Shop
RM 800,000
JALAN PAYA TERUBONG
1,259 sqft · RM 635.00 PSF
Dec 2021
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