TMN ORKID (MK 8)
Residential Market
Median Price
RM 175,000
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 1 subsale transactions in 2021, with a median price of RM 175K and a median price per square foot (PSF) of RM 141.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 141, with most transactions between RM 141 and RM 141. The usual range is RM 130.00 to RM 152.00, 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 0 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
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN ORKID
|
RM 175,000
|
RM 141.00
|
1,238 sqft
|
Dec 2021
|