PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 740K and a median price per square foot (PSF) of RM 511.
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 740K, with most transactions falling within a stable range of RM 560K to RM 920K, and a typical market range of RM 525K to RM 955K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 511, with core pricing between RM 423 and RM 599. Market pricing typically extends from RM 428.50 to RM 592.50, reflecting moderate variation in unit pricing. The spread of RM 164.00 (IQR) and deviation of RM 88 (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.