Taman Sri Rambai
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
RM 340,000
RM 233 psfMedian transaction price
RM 170,000
RM 140 psfMedian transaction price
Taman Sri Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Sri Rambai in Seberang Perai Tengah, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM 170K and a median price per square foot (PSF) of RM 140.
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.
Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.
For price per square foot, the median is RM 140, with most transactions between RM 140 and RM 140. The usual range is RM 91.77 to RM 187.77, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.