Area Intelligence

TMN AROWANA

14 properties
2023
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Median Price
RM 565,000
PSF: RM 456

Residential Market

Median Price

RM 165,000

IQR: RM 61
MAD: RM 23
RM 225 PSF 12.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 580,000

IQR: RM 170
MAD: RM 94
RM 523 PSF 16.2%

PSF Trends (2021-2025)

TMN AROWANA in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 456.

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 565K, with most transactions falling within a stable range of RM 284K to RM 846K, and a typical market range of RM 320K to RM 810K.

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 456, though individual units vary from RM 267 to RM 645 in the core range. The broader market spans RM 299.00 to RM 613.00, indicating diverse property characteristics. A wider spread (IQR: RM 314.00) and deviation (MAD: RM 189) 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

14 properties grouped by size

650 sqft
1 units 3-Storey Storey Shop
RM 332,000
JLN PMTG PAUH
635 sqft · RM 523.00 PSF
Oct 2023
750 sqft
3 units
RM 383,000
3-Storey Storey Shop JLN PMTG PAUH
732 sqft · RM 523.00 PSF
Oct 2023
RM 165,000
Flat
732 sqft · RM 225.00 PSF
Oct 2023
RM 140,000
Flat
743 sqft · RM 188.00 PSF
Feb 2023
1,100 sqft
3 units 4-Storey Storey Shop
RM 900,000
JALAN AROWANA 4
1,098 sqft · RM 820.00 PSF
Dec 2023
RM 680,000
JLN AROWANA 4
1,100 sqft · RM 618.00 PSF
Oct 2023
RM 950,000
JALAN AROWANA 4
1,100 sqft · RM 864.00 PSF
Jul 2023
1,200 sqft
2 units 3-Storey Storey Shop
RM 550,000
LORONG AROWANA 2
1,206 sqft · RM 456.00 PSF
Dec 2023
RM 550,000
LORONG AROWANA 2
1,206 sqft · RM 456.00 PSF
May 2023
1,300 sqft
1 units 3-Storey Storey Shop
RM 500,000
LORONG AROWANA 3
1,302 sqft · RM 384.00 PSF
Sep 2023
1,400 sqft
2 units 3-Storey Storey Shop
RM 600,000
LORONG AROWANA 1
1,399 sqft · RM 429.00 PSF
Oct 2023
RM 580,000
JALAN PERMATANG PAUH
1,399 sqft · RM 414.00 PSF
Sep 2023
1,900 sqft
1 units Double Storey Terraced
RM 580,000
JLN. AROWANA
1,905 sqft · RM 304.00 PSF
Oct 2023
2,000 sqft
1 units 4-Storey Storey Shop
RM 1,200,000
JALAN AROWANA 4
2,002 sqft · RM 599.00 PSF
Nov 2023