TAMAN SUNGAI RAMBAI

Area Intelligence
2022
Median Price
RM 292,500
PSF: RM 219

Residential PSF Trends

Median Price

RM 292,500

PSF: RM 219

TAMAN SUNGAI RAMBAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 293K and a median price per square foot (PSF) of RM 219.

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 293K, with most transactions falling within a stable range of RM 250K to RM 392K, and a typical market range of RM 250K to RM 383K.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 168 to RM 270 in the core range. The broader market spans RM 175.50 to RM 262.50, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 51 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUNGAI RAMBAI, Seberang Perai Tengah, Penang

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Transactions

4 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 250,000
LORONG BETEK 5
1,300 sqft · RM 192 PSF
RM 320,000
LORONG BETEK 5
1,300 sqft · RM 246 PSF
1,600 sqft
Single Storey Terraced
RM 265,000
TINGKAT BETEK 2
1,609 sqft · RM 165 PSF
1,700 sqft
Double Storey Terraced
RM 500,000
TINGKAT BETEK 2
1,680 sqft · RM 298 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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