Area Intelligence

PUSAT KOMERSIAL SRI RAMBAI

2 properties
3-Storey Storey Shop
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Median Price
RM 740,000
PSF: RM 511

Commercial Market

Median Price

RM 740,000

IQR: RM 170
MAD: RM 82
RM 511 PSF

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.

Area Location

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PUSAT KOMERSIAL SRI RAMBAI, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 700,000
LORONG TEMBIKAI 6
1,399 sqft · RM 500.00 PSF
Aug 2022
1,500 sqft
1 units 3-Storey Storey Shop
RM 780,000
LORONG TEMBIKAI 1
1,496 sqft · RM 521.00 PSF
Oct 2022