PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 773K and a median price per square foot (PSF) of RM 452.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 773K, with most transactions falling within a stable range of RM 568K to RM 978K, and a typical market range of RM 513K to RM 1.03 million.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 452, with most transactions between RM 431 and RM 473. The usual range is RM 438.50 to RM 464.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.