Area Intelligence

TAMAN ORIENTAL

1 properties
2024
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Median Price
RM 950,000
PSF: RM 388

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 950,000

IQR: RM 124
MAD: RM 109
RM 388 PSF 15.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN ORIENTAL in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 950K and a median price per square foot (PSF) of RM 388.

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.

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 388, with most transactions between RM 388 and RM 388. The usual range is RM 369.75 to RM 406.25, 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 0 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. 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

1 properties grouped by size

2,450 sqft
1 units Single Storey Shop
RM 950,000
JLN PAYA TERUBONG
2,449 sqft · RM 388.00 PSF
Oct 2024