Taman Orkid (Mk 8) in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM170K and a median price per square foot (PSF) of RM152.

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 RM152, with most transactions between RM152 and RM152. The usual range is RM138.11 to RM165.61, showing that most units are priced quite close to each other. A typical spread (IQR) of RM27.50 and an average deviation (MAD) of RM0 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.