Taman Orkid Permai

8, Jalan Orkid Permai, Taman Orkid, 13100 Kepala Batas, Pulau Pinang, Malaysia

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8, Jalan Orkid Permai, Taman Orkid, 13100 Kepala Batas, Pulau Pinang, Malaysia

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Taman Orkid Permai in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2021, with a median price of RM400K and a median price per square foot (PSF) of RM140.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM400K, with most transactions falling within a stable range of RM390K to RM410K, and a typical market range of RM385K to RM415K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM140, with core pricing between RM118 and RM162. Market pricing typically extends from RM125.50 to RM154.50, reflecting moderate variation in unit pricing. The spread of RM29.00 (IQR) and deviation of RM22 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.