PUSAT KOMERSIAL SRI RAMBAI
Commercial Market
Median Price
RM 350,000
PSF Trends (2021-2025)
PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 428.
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 350K, with most transactions falling within a stable range of RM 336K to RM 598K, and a typical market range of RM 336K to RM 610K.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 428, though individual units vary from RM 331 to RM 525 in the core range. The broader market spans RM 415.00 to RM 441.00, indicating diverse property characteristics. The spread of RM 26.00 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG TEMBIKAI 8
|
RM 336,000
|
RM 428.00
|
786 sqft
|
Jul 2023
|
|
LORONG TEMBIKAI 1
|
RM 350,000
|
RM 234.00
|
1,496 sqft
|
Oct 2023
|
|
LORONG TEMBIKAI 8
|
RM 870,000
|
RM 449.00
|
1,938 sqft
|
Dec 2023
|