TAMAN AROWANA

Area Intelligence
2022
Median Price
RM 138,000
PSF: RM 178

Residential PSF Trends

Median Price

RM 130,000

PSF: RM 178

Commercial PSF Trends

Median Price

RM 585,000

RM 417 PSF

TAMAN AROWANA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 138K 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 138K, with most transactions falling within a stable range of RM 120K to RM 156K, 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

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Transactions

5 transactions grouped by size

750 sqft
Flat
RM 120,000
Level G
732 sqft · RM 164 PSF
RM 160,000
Level 2
764 sqft · RM 209 PSF
RM 130,000
Level 2
732 sqft · RM 178 PSF
800 sqft
Flat
RM 138,000
Level 2
775 sqft · RM 178 PSF
RM 105,000
Level 3
775 sqft · RM 135 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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