Area Intelligence

TMN ORKID (MK 8)

6 properties
Single Storey Terraced
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Median Price
RM 250,000
PSF: RM 156

Residential Market

Median Price

RM 250,000

IQR: RM 22
MAD: RM 14
RM 156 PSF 5.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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TMN ORKID (MK 8), Seberang Perai Utara, Penang

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Transactions

6 properties grouped by size

1,100 sqft
1 units Single Storey Terraced
RM 170,000
JALAN ORKID
1,119 sqft · RM 152.00 PSF
Mar 2023
1,250 sqft
2 units Single Storey Terraced
RM 250,000
JALAN ORKID
1,227 sqft · RM 204.00 PSF
Nov 2022
RM 175,000
JALAN ORKID
1,238 sqft · RM 141.00 PSF
Dec 2021
1,550 sqft
2 units Single Storey Terraced
RM 265,000
JALAN ORKID
1,561 sqft · RM 170.00 PSF
Jul 2024
RM 250,000
JALAN ORKID
1,561 sqft · RM 160.00 PSF
Jan 2024
2,350 sqft
1 units Single Storey Terraced
RM 260,000
JALAN ORKID
2,336 sqft · RM 111.00 PSF
Jul 2022