TMN SUNGAI RAMBAI

TMN 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.

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 170.50 to RM 267.50, indicating diverse property characteristics. The spread of RM 97.00 (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.