Penang
Seberang Perai Tengah
10
TAMAN SUNGAI RAMBAI

TAMAN SUNGAI RAMBAI

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 208

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 208

TAMAN SUNGAI RAMBAI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 208.

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

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

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 208, with most transactions between RM 208 and RM 208. The usual range is RM 164.50 to RM 251.50, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN SUNGAI RAMBAI, Seberang Perai Tengah, Penang

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