TMN ORKID (MK 8)
Residential Market
Median Price
RM 225,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
6 properties
Median Price
RM 215,000
+13.7% CAGR
Median PSF
RM 154.75
+5.4% CAGR
Low-Cost House
2 properties
Median Price
RM 185,000
+5.6% CAGR
Median PSF
RM 166.50
+3.5% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 6 |
RM 215,000
±41K MAD
|
+13.74% |
RM 154.75
±7 MAD
|
+5.38% | |
| Low-Cost House | 2 |
RM 185,000
±15K MAD
|
+5.57% |
RM 166.50
±9 MAD
|
+3.47% |
TMN ORKID (MK 8) in Seberang Perai Utara, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 225K and a median price per square foot (PSF) of RM 159.
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 225K, with most transactions falling within a stable range of RM 188K to RM 263K, and a typical market range of RM 186K to RM 264K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 159, with most transactions between RM 146 and RM 173. The usual range is RM 148.00 to RM 170.00, 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 14 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.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN ORKID
|
RM 170,000
|
RM 152.00
|
1,119 sqft
|
Mar 2023
|
Single Storey Terraced |
|
JALAN ORKID
|
RM 170,000
|
RM 158.00
|
1,076 sqft
|
May 2022
|
Low-Cost House |
|
JALAN ORKID
|
RM 200,000
|
RM 175.00
|
1,141 sqft
|
Jan 2025
|
|
JALAN ORKID
|
RM 250,000
|
RM 204.00
|
1,227 sqft
|
Nov 2022
|
|
|
JALAN ORKID
|
RM 175,000
|
RM 141.00
|
1,238 sqft
|
Dec 2021
|
|
JALAN ORKID
|
RM 265,000
|
RM 170.00
|
1,561 sqft
|
Jul 2024
|
|
|
JALAN ORKID
|
RM 250,000
|
RM 160.00
|
1,561 sqft
|
Jan 2024
|
|
JALAN ORKID
|
RM 260,000
|
RM 111.00
|
2,336 sqft
|
Jul 2022
|