Taman Sungai Rambai
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 368,000
RM 258 psfMedian transaction price
Taman Sungai Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Sungai Rambai in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 368K and a median price per square foot (PSF) of RM 258.
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 368K, with most transactions falling within a stable range of RM 270K to RM 466K, and a typical market range of RM 286K to RM 451K.
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 258, though individual units vary from RM 204 to RM 312 in the core range. The broader market spans RM 210.50 to RM 305.50, indicating diverse property characteristics. The spread of RM 95.00 (IQR) and deviation of RM 54 (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.