Area Intelligence

TMN SUNGAI RAMBAI

4 properties
2022
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Median Price
RM 292,500
PSF: RM 219

Residential Market

Median Price

RM 292,500

IQR: RM 97
MAD: RM 52
RM 219 PSF 12.9%

PSF Trends (2021-2025)

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.

Area Location

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TMN SUNGAI RAMBAI, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

1,300 sqft
2 units Single Storey Terraced
RM 250,000
LORONG BETEK 5
1,300 sqft · RM 192.00 PSF
Dec 2022
RM 320,000
LORONG BETEK 5
1,300 sqft · RM 246.00 PSF
Apr 2022
1,600 sqft
1 units Single Storey Terraced
RM 265,000
TINGKAT BETEK 2
1,609 sqft · RM 165.00 PSF
Aug 2022
1,700 sqft
1 units Double Storey Terraced
RM 500,000
TINGKAT BETEK 2
1,680 sqft · RM 298.00 PSF
Jul 2022