Area Intelligence

TMN AROWANA

7 properties
2022
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Median Price
RM 138,000
PSF: RM 178

Residential Market

Median Price

RM 130,000

IQR: RM 61
MAD: RM 23
RM 178 PSF 12.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 585,000

IQR: RM 170
MAD: RM 94
RM 417 PSF 16.2%

PSF Trends (2021-2025)

TMN AROWANA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 138K and a median price per square foot (PSF) of RM 178.

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 138K, with most transactions falling within a stable range of RM 105K to RM 347K, and a typical market range of RM 105K to RM 383K.

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 178, though individual units vary from RM 63 to RM 293 in the core range. The broader market spans RM 21.00 to RM 335.00, indicating diverse property characteristics. A wider spread (IQR: RM 314.00) and deviation (MAD: RM 115) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN AROWANA, Seberang Perai Tengah, Penang

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Transactions

7 properties found

Flat
RM 120,000
732 sqft Dec 2022
RM 164.00 PSF
3-Storey Storey Shop LORONG AROWANA 2
RM 520,000
1,410 sqft Nov 2022
RM 369.00 PSF
Flat
RM 138,000
775 sqft Nov 2022
RM 178.00 PSF
3-Storey Storey Shop JLN. PTG. PAUH
RM 650,000
1,399 sqft Oct 2022
RM 465.00 PSF
Flat
RM 160,000
764 sqft Sep 2022
RM 209.00 PSF
Flat
RM 130,000
732 sqft Apr 2022
RM 178.00 PSF
Flat
RM 105,000
775 sqft Apr 2022
RM 135.00 PSF