TMN SUNGAI RAMBAI

TMN SUNGAI RAMBAI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 430K and a median price per square foot (PSF) of RM 279.

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 430K, with most transactions falling within a stable range of RM 388K to RM 470K, and a typical market range of RM 368K to RM 470K.

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

For price per square foot, the median is RM 279, with most transactions between RM 271 and RM 287. The usual range is RM 230.50 to RM 327.50, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.