TMN ORKID (MK 8)
Residential Market
Median Price
RM 250,000
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 6 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 250K and a median price per square foot (PSF) of RM 156.
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 250K, with most transactions falling within a stable range of RM 210K to RM 265K, and a typical market range of RM 211K to RM 265K.
Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.
The median PSF stands at RM 156, with core pricing between RM 128 and RM 184. Market pricing typically extends from RM 145.00 to RM 167.00, reflecting moderate variation in unit pricing. The spread of RM 22.00 (IQR) and deviation of RM 28 (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. 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
6 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN ORKID
|
RM 170,000
|
RM 152.00
|
1,119 sqft
|
Mar 2023
|
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
|