TAMAN AROWANA

TAMAN AROWANA in Seberang Perai Tengah, Penang recorded 4 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 925K and a median price per square foot (PSF) of RM 719.

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 925K, with most transactions falling within a stable range of RM 740K to RM 1.11 million, and a typical market range of RM 680K to RM 1.17 million.

Within the 4-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 719, with core pricing between RM 601 and RM 837. Market pricing typically extends from RM 562.00 to RM 876.00, reflecting moderate variation in unit pricing. The spread of RM 314.00 (IQR) and deviation of RM 118 (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.