Area Intelligence

TAMAN ORKID INDAH

3 properties
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Median Price
RM 519,000
PSF: RM 125

Residential Market

Median Price

RM 519,000

IQR: RM 11
MAD: RM 6
RM 125 PSF 10.2%

PSF Trends (2021-2025)

TAMAN ORKID INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 519K and a median price per square foot (PSF) of RM 125.

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 519K, with most transactions falling within a stable range of RM 499K to RM 539K, and a typical market range of RM 499K to RM 542K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 125, with most transactions between RM 119 and RM 131. The usual range is RM 119.75 to RM 130.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.50 and an average deviation (MAD) of RM 6 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. 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.

Area Location

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TAMAN ORKID INDAH, Seberang Perai Utara, Penang

OSM

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Transactions

3 properties grouped by size

4,000 sqft
1 units Detached
RM 499,000
JLN ORKID INDAH
4,004 sqft · RM 125.00 PSF
Aug 2022
4,200 sqft
1 units Detached
RM 590,000
LORONG 4
4,219 sqft · RM 140.00 PSF
Nov 2022
4,350 sqft
1 units Detached
RM 519,000
LORONG ORKID INDAH 4
4,359 sqft · RM 119.00 PSF
May 2023