TMN ORKID (MK 8)

TMN ORKID (MK 8) in Seberang Perai Utara, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 225K and a median price per square foot (PSF) of RM 159.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 188K to RM 263K, and a typical market range of RM 186K to RM 264K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 159, with most transactions between RM 146 and RM 173. The usual range is RM 148.00 to RM 170.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.00 and an average deviation (MAD) of RM 14 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.