Taman Orkid (Mk 8)

19A, Jalan Tanjung Jaya 1, Taman Tanjung Aman, 12300 Butterworth, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM212,500
PSF
RM173
Price Size
Period
transactions middle 50% (P25–P75)
RM250,000
Jalan Orkid
1,227 sqft RM204 PSF
RM175,000
Jalan Orkid
1,238 sqft RM141 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM212,500

RM173 psf

Median transaction price

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19A, Jalan Tanjung Jaya 1, Taman Tanjung Aman, 12300 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Orkid (Mk 8) in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM213K and a median price per square foot (PSF) of RM173.

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 RM213K, with most transactions falling within a stable range of RM175K to RM250K, and a typical market range of RM175K to RM250K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM173, with core pricing between RM141 and RM204. Market pricing typically extends from RM158.80 to RM186.30, reflecting moderate variation in unit pricing. The spread of RM27.50 (IQR) and deviation of RM31 (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.