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OREN BM Transaction Price & PSF

OREN BM · Condominium/Apartment · Seberang Perai Tengah · Pulau Pinang · Data through August 2025

Median price
RM350,000
Median Floor PSF
Not available0.0% usable coverage · 0 of 34 transactions
Transactions
34
Data period
August 2025From March 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This market article examines the residential segment for Condominium/Apartment within the OREN BM scheme in Pulau Pinang, aiming to explain how to read the transaction data and the scheme's benchmarks without implying guaranteed outcomes.

Market overview

Within the Seberang Perai Tengah district, the residential market represented in this dataset shows that Condominium/Apartment is the central focus of observed activity under the OREN BM scheme. The data pattern indicates the scheme and district are the most represented pathway among recorded transactions, while other property types are less represented. Readers should treat these patterns as context for comparison with other market segments rather than as a forecast, and they should compare this property type separately from others.

How to interpret this market

Readers can use the transaction benchmarks as relative references when evaluating similar properties within the same scheme and district. Individual properties may differ in features, condition and location, so outcomes can vary from benchmark readings. Avoid treating benchmarks as guarantees about future results.

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Frequently asked questions

What does this market snapshot cover for OREN BM in Seberang Perai Tengah?

It covers the residential segment for Condominium/Apartment within the OREN BM scheme in Pulau Pinang, focusing on observed transactions and how to interpret the transaction benchmark.

How should I use the transaction benchmark when evaluating a property?

Use it as a relative reference within the same scheme and district, and compare like with like while acknowledging that individual properties may differ in features.

What cautions should I keep in mind when reading this dataset?

Transaction data reflects observed activity and is not a forecast of future movements; it does not constitute a recommendation.

Summary

Different property categories should be compared separately, and transaction benchmarks should be used to contextualize observed activity rather than to predict outcomes.

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Methodology

Median transaction price for the selected market scope.

Floor PSF is the median of valid transaction-level floor PSF values using main floor area, not median price divided by median floor area.

Unavailable measurements are not estimated or inferred.

Floor PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

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