Area Intelligence

TMN AROWANA

8 properties
2024
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Median Price
RM 527,500
PSF: RM 376

Residential Market

Median Price

RM 165,000

IQR: RM 61
MAD: RM 23
RM 226 PSF 12.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 775,000

IQR: RM 170
MAD: RM 94
RM 563 PSF 16.2%

PSF Trends (2021-2025)

TMN AROWANA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2024, with a median price of RM 528K and a median price per square foot (PSF) of RM 376.

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 528K, with most transactions falling within a stable range of RM 227K to RM 828K, and a typical market range of RM 283K to RM 773K.

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 376, though individual units vary from RM 204 to RM 547 in the core range. The broader market spans RM 218.50 to RM 532.50, indicating diverse property characteristics. A wider spread (IQR: RM 314.00) and deviation (MAD: RM 171) 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

8 properties grouped by size

500 sqft
1 units Low-Cost Flat
RM 85,000
495 sqft · RM 172.00 PSF
Aug 2024
750 sqft
2 units Flat
RM 130,000
732 sqft · RM 178.00 PSF
Sep 2024
RM 200,000
732 sqft · RM 273.00 PSF
May 2024
1,350 sqft
1 units 3-Storey Storey Shop
RM 800,000
LRG. AROWANA 2
1,356 sqft · RM 590.00 PSF
Apr 2024
1,400 sqft
4 units
RM 900,000
3-Storey Storey Shop JALAN PERMATANG PAUH
1,410 sqft · RM 638.00 PSF
Oct 2024
RM 750,000
3-Storey Storey Shop LRG. AROWANA 1
1,399 sqft · RM 536.00 PSF
Sep 2024
RM 600,000
3-Storey Storey Shop LORONG AROWANA 2
1,410 sqft · RM 426.00 PSF
Jun 2024
RM 455,000
Double Storey Terraced JALAN AROWANA 1
1,399 sqft · RM 325.00 PSF
Apr 2024