TAMAN ORKID PERMAI

TAMAN ORKID PERMAI in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 410K and a median price per square foot (PSF) of RM 176.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 410K, with most transactions falling within a stable range of RM 400K to RM 420K, and a typical market range of RM 395K to RM 425K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 176, with core pricing between RM 154 and RM 198. Market pricing typically extends from RM 161.50 to RM 190.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 22, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.