TAMAN SRI AROWANA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 880K and a median price per square foot (PSF) of RM 334.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 880K, with most transactions falling within a stable range of RM 861K to RM 899K, and a typical market range of RM 860K to RM 900K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 334, with most transactions between RM 311 and RM 357. The usual range is RM 261.50 to RM 406.50, showing that most units are priced quite close to each other. With an IQR of RM 145.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
