TAMAN SRI RAMBAI

TAMAN SRI RAMBAI in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 243.

This area contains both residential and commercial properties. View 45 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 280K to RM 431K, and a typical market range of RM 280K to RM 415K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 243, though individual units vary from RM 178 to RM 308 in the core range. The broader market spans RM 196.00 to RM 290.00, indicating diverse property characteristics. A wider spread (IQR: RM 94.00) and deviation (MAD: RM 65) indicate significant PSF variations, likely due to diverse property types or conditions.

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.