JLN BUNGA ORKID

JLN BUNGA ORKID in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 3.30 million and a median price per square foot (PSF) of RM 531.

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 detached, with minimal variety in property types.

For price per square foot, the median is RM 531, with most transactions between RM 531 and RM 531. The usual range is RM 493.50 to RM 568.50, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.