PUSAT KOMERSIAL SRI RAMBAI

PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 5 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 675K and a median price per square foot (PSF) of RM 449.

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 675K, with most transactions falling within a stable range of RM 436K to RM 880K, and a typical market range of RM 415K to RM 880K.

Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 449, though individual units vary from RM 336 to RM 562 in the core range. The broader market spans RM 436.00 to RM 462.00, indicating diverse property characteristics. A wider spread (IQR: RM 26.00) and deviation (MAD: RM 113) 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.