Penang
Seberang Perai Tengah
4
TAMAN AROWANA

TAMAN AROWANA

Area Intelligence

2022

Median Price

RM 130,000

PSF: RM 178

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Residential PSF Trends

Median Price

RM 130,000

PSF: RM 178

Commercial PSF Trends

Median Price

RM 600,000

RM 523 PSF

TAMAN AROWANA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 178.

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 130K, with most transactions falling within a stable range of RM 112K to RM 148K, and a typical market range of RM 105K to RM 160K.

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

The median PSF stands at RM 178, with core pricing between RM 154 and RM 202. Market pricing typically extends from RM 21.00 to RM 335.00, reflecting moderate variation in unit pricing. With an IQR of RM 314.00 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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

5 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 120,000

Level G

732 sqft • RM 164.00 PSF

Dec 2022

RM 138,000

Level 2

775 sqft • RM 178.00 PSF

Nov 2022

RM 160,000

Level 2

764 sqft • RM 209.00 PSF

Sep 2022

RM 130,000

Level 2

732 sqft • RM 178.00 PSF

Apr 2022

RM 105,000

Level 3

775 sqft • RM 135.00 PSF

Apr 2022

Road	Price	Land PSF	Land	Date	Type
Level G	RM 120,000	RM 164.00	732 sqft	Dec 2022	Flat
Level 2	RM 138,000	RM 178.00	775 sqft	Nov 2022	Flat
Level 2	RM 160,000	RM 209.00	764 sqft	Sep 2022	Flat
Level 2	RM 130,000	RM 178.00	732 sqft	Apr 2022	Flat
Level 3	RM 105,000	RM 135.00	775 sqft	Apr 2022	Flat