Penang
Seberang Perai Utara
8
TAMAN ORKID (MK 8)

TAMAN ORKID (MK 8)

Area Intelligence

Median Price

RM 260,000

PSF: RM 111

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Residential PSF Trends

Median Price

RM 260,000

PSF: RM 111

TAMAN ORKID (MK 8) in Seberang Perai Utara, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 260K and a median price per square foot (PSF) of RM 111.

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 260K, with most transactions falling within a stable range of RM 223K to RM 298K, and a typical market range of RM 221K to RM 299K.

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

The median PSF stands at RM 111, with core pricing between RM 98 and RM 125. Market pricing typically extends from RM 100.00 to RM 122.00, reflecting moderate variation in unit pricing. With an IQR of RM 22.00 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN ORKID (MK 8), Seberang Perai Utara, Penang

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