TAMAN SUNGAI RAMBAI

TAMAN SUNGAI RAMBAI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 430K and a median price per square foot (PSF) of RM 279.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 360K to RM 500K, and a typical market range of RM 340K to RM 520K.

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

The median PSF stands at RM 279, with core pricing between RM 237 and RM 321. Market pricing typically extends from RM 235.50 to RM 322.50, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

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.