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.

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

For price per square foot, the median is RM 376, with most transactions between RM 376 and RM 376. The usual range is RM 218.50 to RM 532.50, showing that most units are priced quite close to each other. With an IQR of RM 314.00 and MAD of RM 0, 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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