TMN AROWANA
Residential Market
Median Price
RM 130,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 585,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
13 properties
Median Price
RM 585,000
+15.1% CAGR
Median PSF
RM 456.00
+16.2% CAGR
Flat
9 properties
Median Price
RM 152,500
+12.7% CAGR
Median PSF
RM 206.50
+12.6% CAGR
4-Storey Storey Shop
4 properties
Median Price
RM 925,000
Median PSF
RM 719.00
Double Storey Terraced
2 properties
Median Price
RM 517,500
-21.6% CAGR
Median PSF
RM 314.50
+6.9% CAGR
Low-Cost Flat
1 properties
Median Price
RM 85,000
Median PSF
RM 172.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
3-Storey Storey Shop | 13 |
RM 585,000
±35K MAD
|
+15.10% |
RM 456.00
±39 MAD
|
+16.19% | |
Flat | 9 |
RM 152,500
±13K MAD
|
+12.66% |
RM 206.50
±19 MAD
|
+12.55% | |
4-Storey Storey Shop | 4 |
RM 925,000
|
- |
RM 719.00
|
- | |
Double Storey Terraced | 2 |
RM 517,500
±63K MAD
|
-21.55% |
RM 314.50
±11 MAD
|
+6.91% | |
Low-Cost Flat | 1 |
RM 85,000
|
- |
RM 172.00
|
- |
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.
Filter by type, year, price, and size
Transactions
7 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 120,000
|
RM 164.00
|
732 sqft
|
Dec 2022
|
3-Storey Storey Shop |
LORONG AROWANA 2
|
RM 520,000
|
RM 369.00
|
1,410 sqft
|
Nov 2022
|
Flat |
|
RM 138,000
|
RM 178.00
|
775 sqft
|
Nov 2022
|
3-Storey Storey Shop |
JLN. PTG. PAUH
|
RM 650,000
|
RM 465.00
|
1,399 sqft
|
Oct 2022
|
Flat |
|
RM 160,000
|
RM 209.00
|
764 sqft
|
Sep 2022
|
Flat |
|
RM 130,000
|
RM 178.00
|
732 sqft
|
Apr 2022
|
Flat |
|
RM 105,000
|
RM 135.00
|
775 sqft
|
Apr 2022
|