TAMAN ORKID PERMAI

TAMAN ORKID PERMAI in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 140.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 390K to RM 410K, and a typical market range of RM 385K to RM 410K.

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

The median PSF stands at RM 140, with core pricing between RM 118 and RM 162. Market pricing typically extends from RM 125.50 to RM 154.50, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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.