TAMAN SUNGAI RAMBAI

Area Intelligence
2023
Median Price
RM 450,000
PSF: RM 208

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. The median price is RM 450K, with most transactions falling within a stable range of RM 303K to RM 597K, and a typical market range of RM 360K to RM 540K.

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 208, though individual units vary from RM 125 to RM 291 in the core range. The broader market spans RM 164.50 to RM 251.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.

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

3 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 270,000
MEDAN BETEK
1,300 sqft · RM 208 PSF
1,700 sqft
Double Storey Terraced
RM 630,000
TINGKAT BETEK 2
1,711 sqft · RM 368 PSF
2,500 sqft
Single Storey Terraced
RM 450,000
LORONG BETEK 5
2,487 sqft · RM 181 PSF

No Properties For Sale

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

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