TAMAN ORKID (MK 8)

TAMAN ORKID (MK 8) in Seberang Perai Utara, Penang recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 185K and a median price per square foot (PSF) of RM 167.

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 185K, with most transactions falling within a stable range of RM 170K to RM 200K, and a typical market range of RM 170K to RM 200K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 167, with most transactions between RM 158 and RM 175. The usual range is RM 155.50 to RM 177.50, 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 9 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.