PUSAT KOMERSIAL SRI RAMBAI
Commercial Market
Median Price
RM 740,000
PSF Trends (2021-2025)
PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, 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 700K to RM 780K, and a typical market range of RM 700K to RM 780K.
Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 511, with most transactions between RM 500 and RM 521. The usual range is RM 425.50 to RM 595.50, showing that most units are priced quite close to each other. With an IQR of RM 170.00 and MAD of RM 11, 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG TEMBIKAI 6
|
RM 700,000
|
RM 500.00
|
1,399 sqft
|
Aug 2022
|
LORONG TEMBIKAI 1
|
RM 780,000
|
RM 521.00
|
1,496 sqft
|
Oct 2022
|