Penang
Seberang Perai Tengah
11
PUSAT KOMERSIAL SRI RAMBAI

PUSAT KOMERSIAL SRI RAMBAI

Area Intelligence

2022

Median Price

RM 525,000

PSF: RM 429

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Commercial PSF Trends

Median Price

RM 525,000

RM 429 PSF

PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, 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.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 429, with most transactions between RM 429 and RM 429. The usual range is RM 346.50 to RM 510.50, showing that most units are priced quite close to each other. With an IQR of RM 164.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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PUSAT KOMERSIAL SRI RAMBAI, Seberang Perai Tengah, Penang

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