TAMAN SRI AROWANA

TAMAN SRI AROWANA in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2022, with a median price of RM 590K and a median price per square foot (PSF) of RM 414.

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 RM 590K, with most transactions falling within a stable range of RM 498K to RM 783K, and a typical market range of RM 498K to RM 739K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 414, though individual units vary from RM 317 to RM 511 in the core range. The broader market spans RM 341.50 to RM 486.50, indicating diverse property characteristics. The spread of RM 145.00 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.