Area Intelligence

PUSAT KOMERSIAL SRI RAMBAI

1 properties
2024
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Median Price
RM 880,000
PSF: RM 588

Commercial Market

Median Price

RM 880,000

IQR: RM 26
MAD: RM 21
RM 588 PSF 13.8%

PSF Trends (2021-2025)

PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 880K and a median price per square foot (PSF) of RM 588.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 588, with most transactions between RM 588 and RM 588. The usual range is RM 575.00 to RM 601.00, 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 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT KOMERSIAL SRI RAMBAI, Seberang Perai Tengah, Penang

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Transactions

1 properties grouped by size

1,500 sqft
1 units 3-Storey Storey Shop
RM 880,000
LORONG TEMBIKAI 1
1,496 sqft · RM 588.00 PSF
Jun 2024