Taman Orkid (Mk 8)

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

Property Transactions

3 subsales grouped by size

Median
RM250,000
PSF
RM158
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
LC House
RM170,000
Jalan Orkid
1,076 sqft · RM158 PSF
1,250 sqft
Terrace
RM250,000
Jalan Orkid
1,227 sqft · RM204 PSF
2,350 sqft
Terrace
RM260,000
Jalan Orkid
2,336 sqft · RM111 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM250,000

RM158 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 3 subsale transactions in 2022, with a median price of RM250K and a median price per square foot (PSF) of RM158.

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 RM250K, with most transactions falling within a stable range of RM210K to RM260K, and a typical market range of RM209K to RM260K.

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

Price per square foot shows a median of RM158, though individual units vary from RM120 to RM196 in the core range. The broader market spans RM144.19 to RM171.69, indicating diverse property characteristics. The spread of RM27.50 (IQR) and deviation of RM38 (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.