Area Intelligence

PUSAT KOMERSIAL SRI RAMBAI

4 properties
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Median Price
RM 525,000
PSF: RM 429

Commercial Market

Median Price

RM 525,000

IQR: RM 170
MAD: RM 82
RM 429 PSF

PSF Trends (2021-2025)

PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 525K and a median price per square foot (PSF) of RM 429.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 525K, with most transactions falling within a stable range of RM 318K to RM 733K, and a typical market range of RM 332K to RM 718K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 429, with core pricing between RM 347 and RM 511. Market pricing typically extends from RM 343.50 to RM 513.50, reflecting moderate variation in unit pricing. The spread of RM 170.00 (IQR) and deviation of RM 82 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT KOMERSIAL SRI RAMBAI, Seberang Perai Tengah, Penang

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Transactions

4 properties found

3-Storey Storey Shop LORONG TEMBIKAI 1
RM 780,000
1,496 sqft Oct 2022
RM 521.00 PSF
3-Storey Storey Shop LORONG TEMBIKAI 6
RM 700,000
1,399 sqft Aug 2022
RM 500.00 PSF
Shop/Retail Lot
RM 350,000
980 sqft Aug 2022
RM 357.00 PSF
Shop/Retail Lot
RM 285,000
1,055 sqft May 2022
RM 270.00 PSF