Penang
Seberang Perai Tengah
4
TAMAN AROWANA

TAMAN AROWANA

Area Intelligence

2024

Median Price

RM 527,500

PSF: RM 376

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Residential PSF Trends

Median Price

RM 165,000

PSF: RM 226

Commercial PSF Trends

Median Price

RM 775,000

RM 563 PSF

TAMAN AROWANA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2024, with a median price of RM 528K and a median price per square foot (PSF) of RM 376.

This area contains both residential and commercial properties. View 12 residential properties or 17 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 528K, with most transactions falling within a stable range of RM 384K to RM 455K, and a typical market range of RM 283K to RM 455K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 376, with core pricing between RM 311 and RM 440. Market pricing typically extends from RM 218.50 to RM 532.50, reflecting moderate variation in unit pricing. The spread of RM 314.00 (IQR) and deviation of RM 65 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN AROWANA, Seberang Perai Tengah, Penang

OSM

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 130,000

Level 1

732 sqft • RM 178.00 PSF

Sep 2024

RM 85,000

Level G

495 sqft • RM 172.00 PSF

Aug 2024

RM 200,000

Level 2

732 sqft • RM 273.00 PSF

May 2024

RM 455,000

JALAN AROWANA 1

1,399 sqft • RM 325.00 PSF

Apr 2024

Road	Price	Land PSF	Land	Date	Type
Level 1	RM 130,000	RM 178.00	732 sqft	Sep 2024	Flat
Level G	RM 85,000	RM 172.00	495 sqft	Aug 2024	Low-Cost Flat
Level 2	RM 200,000	RM 273.00	732 sqft	May 2024	Flat
JALAN AROWANA 1	RM 455,000	RM 325.00	1,399 sqft	Apr 2024	Double Storey Terraced