Area Intelligence

TMN ORKID (MK 8)

2 properties
Low-Cost House
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Median Price
RM 185,000
PSF: RM 167

Residential Market

Median Price

RM 185,000

IQR: RM 22
MAD: RM 14
RM 167 PSF 5.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN ORKID (MK 8) in Seberang Perai Utara, Penang recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 185K and a median price per square foot (PSF) of RM 167.

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 185K, with most transactions falling within a stable range of RM 170K to RM 200K, and a typical market range of RM 170K to RM 200K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 167, with most transactions between RM 158 and RM 175. The usual range is RM 155.50 to RM 177.50, 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 9 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.

Area Location

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

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Transactions

2 properties grouped by size

1,100 sqft
1 units Low-Cost House
RM 170,000
JALAN ORKID
1,076 sqft · RM 158.00 PSF
May 2022
1,150 sqft
1 units Low-Cost House
RM 200,000
JALAN ORKID
1,141 sqft · RM 175.00 PSF
Jan 2025