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 750K to RM 590K, and a typical market range of RM 750K to RM 773K.
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 334 and RM 417. Market pricing typically extends from RM 218.50 to RM 532.50, reflecting moderate variation in unit pricing. With an IQR of RM 314.00 and MAD of RM 42, 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.
