Jalan Bunga Orkid
11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bunga Orkid
|
RM 1,928,000
|
RM 381
|
5,065 sqft
|
|
|
Jalan Bunga Cempaka Putih
|
RM 3,300,000
|
RM 531
|
6,218 sqft
|
|
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Jalan Bunga Orkid, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsJalan Bunga Orkid in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 2.61 million and a median price per square foot (PSF) of RM 531.
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 2.61 million, with most transactions falling within a stable range of RM 1.93 million to RM 3.30 million, and a typical market range of RM 2.27 million to RM 2.96 million.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 531, with core pricing between RM 456 and RM 606. Market pricing typically extends from RM 493.24 to RM 568.24, reflecting moderate variation in unit pricing. With an IQR of RM 75.00 and MAD of RM 75, 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.