LIST

Penang, Seberang Perai Tengah, 11

PUSAT KOMERSIAL SRI RAMBAI

Area Intelligence
2022
Median Price
RM 700,000
PSF: RM 500
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Commercial PSF Trends

Median Price

RM 700,000

RM 500 PSF

PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 700K and a median price per square foot (PSF) of RM 500.

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 700K, with most transactions falling within a stable range of RM 483K to RM 780K, and a typical market range of RM 485K to RM 780K.

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

Price per square foot shows a median of RM 500, though individual units vary from RM 386 to RM 614 in the core range. The broader market spans RM 418.00 to RM 582.00, indicating diverse property characteristics. The spread of RM 164.00 (IQR) and deviation of RM 114 (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.

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PUSAT KOMERSIAL SRI RAMBAI, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,050 sqft
Shop/Retail Lot
RM 285,000
Level G
1,055 sqft · RM 270 PSF
1,400 sqft
3-Storey Shop
RM 700,000
LORONG TEMBIKAI 6
1,399 sqft · RM 500 PSF
1,500 sqft
3-Storey Shop
RM 780,000
LORONG TEMBIKAI 1
1,496 sqft · RM 521 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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