Taman Sri Rambai

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 418,500
PSF
RM 146
Price Size
1,750 sqft
2-Sty Terrace
RM 500,000
Jalan Binjai
1,733 sqft · RM 289 PSF
2,800 sqft
Semi-D
RM 400,000
Lorong Tembikai 3
2,800 sqft · RM 143 PSF
RM 420,000
Lebuh Binjai 2
2,799 sqft · RM 150 PSF
RM 417,000
Lebuh Tembikai
2,800 sqft · RM 149 PSF
4,400 sqft
Semi-D
RM 390,000
Jalan Tembikai
4,388 sqft · RM 89 PSF
5,150 sqft
Bungalow
RM 515,000
Lorong Binjai 11
5,167 sqft · RM 100 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 418,500

RM 146 psf

Median transaction price

RM 515,000

RM 340 psf

Median transaction price

Low

Rental Yield Data

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Taman Sri Rambai
© OpenStreetMap · CARTO

Taman Sri Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Sri Rambai in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2021, with a median price of RM 419K and a median price per square foot (PSF) of RM 146.

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 419K, with most transactions falling within a stable range of RM 390K to RM 467K, and a typical market range of RM 390K to RM 494K.

Most transactions involved 2 - 2 1/2 storey shop3 - , with high diversity across multiple property types.

Price per square foot shows a median of RM 146, though individual units vary from RM 81 to RM 211 in the core range. The broader market spans RM 97.90 to RM 193.90, indicating diverse property characteristics. A wider spread (IQR: RM 96.00) and deviation (MAD: RM 65) indicate significant PSF variations, likely due to diverse property types or conditions.

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.