Taman Sungai Rambai
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Betek 5
|
RM 250,000
|
RM 192
|
1,300 sqft
|
|
|
|
Lorong Betek 5
|
RM 320,000
|
RM 246
|
1,300 sqft
|
|
|
Tingkat Betek 2
|
RM 265,000
|
RM 165
|
1,609 sqft
|
|
|
Tingkat Betek 2
|
RM 500,000
|
RM 269
|
1,862 sqft
|
|
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Market Snapshot
ResidentialRM 292,500
RM 219 psfMedian transaction price
Taman Sungai Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 375K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 219, with core pricing between RM 178 and RM 261. Market pricing typically extends from RM 171.74 to RM 266.74, reflecting moderate variation in unit pricing. The spread of RM 95.00 (IQR) and deviation of RM 41 (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.