Taman Arena 2
Residential Transaction Prices
Taman Arena 2 is a township/project located in Labuan, Wp Labuan. The median transacted price for Taman Arena 2 is RM 490,000 with a median transacted price of RM 232.26 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 490,000
8.89% YoY
Lower: RM 420,000
Upper: RM 530,000
Median price per sq.ft. (psf)
RM 232.26
-7.22% YoY
Lower: RM 220.45
Upper: RM 293.09
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Taman Arena 2 Median Price Psf
Latest Transactions from May 23 to Apr 24
(3 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| April 2024 | Terraced House | Leasehold | Jalan Kerupang 2 | 1,808.34 sq.ft | 898.68 sq.ft | RM 530,000 | RM 293 | |
| December 2023 | Terraced House | Leasehold | Jalan Kerupang 2 | 2,109.72 sq.ft | 898.68 sq.ft | RM 490,000 | RM 232 | |
| May 2023 | Terraced House | Leasehold | Blok A,jalan Kerupang 2 | 1,905.21 sq.ft | 898.68 sq.ft | RM 420,000 | RM 220 |
April 2024
Type: Terraced House
Tenure: Leasehold
Road: Jalan Kerupang 2
Land Area: 1,808.34 sq.ft
Build Area: 898.68 sq.ft
Transaction: RM 530,000
Price PSF: RM 293
December 2023
Type: Terraced House
Tenure: Leasehold
Road: Jalan Kerupang 2
Land Area: 2,109.72 sq.ft
Build Area: 898.68 sq.ft
Transaction: RM 490,000
Price PSF: RM 232
May 2023
Type: Terraced House
Tenure: Leasehold
Road: Blok A,jalan Kerupang 2
Land Area: 1,905.21 sq.ft
Build Area: 898.68 sq.ft
Transaction: RM 420,000
Price PSF: RM 220
Frequently Asked Questions
What factors affect residential property prices in Taman Arena 2, Labuan?
Residential property prices in Taman Arena 2, Labuan are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in Taman Arena 2, Labuan?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Taman Arena 2, Labuan.
How have residential property prices changed recently in Taman Arena 2, Labuan?
In the past 12 months, residential property prices in Taman Arena 2, Labuan have increased by 8.89% YoY.
What is the median price for residential property in Taman Arena 2, Labuan?
The median price for residential property in Taman Arena 2, Labuan is RM 490,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.