Taman Sri Rambai
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lebuh Tembikai
|
RM 780,000
|
RM 132
|
5,901 sqft
|
|
Semi-D |
| 2023 | |||||
|
Lorong Tembikai 3
|
RM 590,000
|
RM 76
|
7,810 sqft
|
|
Semi-D |
|
Tingkat Binjai 34
|
RM 525,000
|
RM 83
|
6,318 sqft
|
|
Semi-D |
| 2022 | |||||
|
Lebuh Binjai 3
|
RM 510,000
|
RM 98
|
5,188 sqft
|
|
Semi-D |
|
Tingkat Binjai 8
|
RM 650,000
|
RM 111
|
5,856 sqft
|
|
Semi-D |
|
Lorong Tembikai 5
|
RM 500,000
|
RM 91
|
5,479 sqft
|
|
Semi-D |
| 2021 | |||||
|
Lorong Binjai 11
|
RM 515,000
|
RM 100
|
5,167 sqft
|
|
Bungalow |
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Market Snapshot
RM 525,000
RM 98 psfMedian transaction price
RM 515,000
RM 340 psfMedian transaction price
Taman Sri Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Sri Rambai in Seberang Perai Tengah, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 5,000 and 10,000 sqft, with a median price of RM 525K and a median price per square foot (PSF) of RM 98.
This area contains both residential and commercial properties. View 50 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 525K, with most transactions falling within a stable range of RM 500K to RM 620K, and a typical market range of RM 500K to RM 600K.
Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.
The median PSF stands at RM 98, with core pricing between RM 81 and RM 116. Market pricing typically extends from RM 50.30 to RM 146.30, reflecting moderate variation in unit pricing. The spread of RM 96.00 (IQR) and deviation of RM 17 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.