Taman Orkid Indah
Residential Transaction Prices
Taman Orkid Indah is a township/project located in Seberang Perai Utara, Pulau Pinang. The median transacted price for Taman Orkid Indah is RM 519,000 with a median transacted price of RM 124.62 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 519,000
- YoY
Lower: RM 499,000
Upper: RM 590,000
Median price per sq.ft. (psf)
RM 124.62
- YoY
Lower: RM 119.05
Upper: RM 139.83
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Taman Orkid Indah Median Price Psf
Latest Transactions from Jun 22 to May 23
(3 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| May 2023 | Bungalow House | Freehold | Lorong Orkid Industrialustrialustrialah 4 | 4,359.38 sq.ft | 1,332.89 sq.ft | RM 519,000 | RM 119 |
| November 2022 | Bungalow House | Freehold | Lorong 4 | 4,219.45 sq.ft | 1,332.89 sq.ft | RM 590,000 | RM 140 |
| August 2022 | Bungalow House | Freehold | Jalan Orkid Industrialustrialustrialah | 4,004.17 sq.ft | 1,332.89 sq.ft | RM 499,000 | RM 125 |
May 2023
Type: Bungalow House
Tenure: Freehold
Road: Lorong Orkid Industrialustrialustrialah 4
Land Area: 4,359.38 sq.ft
Build Area: 1,332.89 sq.ft
Transaction: RM 519,000
Price PSF: RM 119
November 2022
Type: Bungalow House
Tenure: Freehold
Road: Lorong 4
Land Area: 4,219.45 sq.ft
Build Area: 1,332.89 sq.ft
Transaction: RM 590,000
Price PSF: RM 140
August 2022
Type: Bungalow House
Tenure: Freehold
Road: Jalan Orkid Industrialustrialustrialah
Land Area: 4,004.17 sq.ft
Build Area: 1,332.89 sq.ft
Transaction: RM 499,000
Price PSF: RM 125
Frequently Asked Questions
What factors affect residential property prices in Taman Orkid Indah, Seberang Perai Utara?
Residential property prices in Taman Orkid Indah, Seberang Perai Utara are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in Taman Orkid Indah, Seberang Perai Utara?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Taman Orkid Indah, Seberang Perai Utara.
How have residential property prices changed recently in Taman Orkid Indah, Seberang Perai Utara?
In the past 12 months, residential property prices in Taman Orkid Indah, Seberang Perai Utara have decreased by % YoY.
What is the median price for residential property in Taman Orkid Indah, Seberang Perai Utara?
The median price for residential property in Taman Orkid Indah, Seberang Perai Utara is RM 519,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.