TAMAN AROWANA

Area Intelligence
2024
Median Price
RM 750,000
PSF: RM 536

Residential PSF Trends

Median Price

RM 455,000

PSF: RM 325

Commercial PSF Trends

Median Price

RM 775,000

RM 563 PSF

TAMAN AROWANA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 536.

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 750K, with most transactions falling within a stable range of RM 593K to RM 900K, and a typical market range of RM 505K to RM 900K.

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

Price per square foot shows a median of RM 536, though individual units vary from RM 422 to RM 650 in the core range. The broader market spans RM 379.00 to RM 693.00, indicating diverse property characteristics. The spread of RM 314.00 (IQR) and deviation of RM 114 (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. Some price volatility exists, making thorough market research essential before transacting. 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

1,350 sqft
3-Storey Shop
RM 800,000
LORONG. AROWANA 2
1,356 sqft · RM 590 PSF
1,400 sqft
RM 900,000
JALAN PERMATANG PAUH
1,410 sqft · RM 638 PSF
RM 750,000
LORONG. AROWANA 1
1,399 sqft · RM 536 PSF
RM 600,000
LORONG AROWANA 2
1,410 sqft · RM 426 PSF
RM 455,000
JALAN AROWANA 1
1,399 sqft · RM 325 PSF

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

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