Taman Sri Rambai

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

29 subsales grouped by size

Median
RM 400,000
PSF
RM 186
Price Size
Period
transactions middle 50% (P25–P75)
RM 300,000
Jalan Binjai
1,399 sqft · RM 214 PSF
RM 280,000
Lorong Binjai 7
1,399 sqft · RM 200 PSF
RM 260,000
Tingkat Binjai 16
1,399 sqft · RM 186 PSF
RM 320,000
Lebuh Binjai 1
1,399 sqft · RM 229 PSF
RM 348,000
Lorong Binjai 5
1,399 sqft · RM 249 PSF
RM 220,000
Tingkat Binjai 12
1,410 sqft · RM 156 PSF
+6 more
1,650 sqft
2-Sty Terrace
RM 470,000
Jalan Binjai
1,658 sqft · RM 284 PSF
1,750 sqft
2-Sty Terrace
RM 500,000
Jalan Binjai
1,733 sqft · RM 289 PSF
2,350 sqft
2-Sty Shop
RM 530,000
Jalan Binjai
2,336 sqft · RM 227 PSF
2,800 sqft
Semi-D
RM 440,000
Jalan Binjai
2,799 sqft · RM 157 PSF
RM 420,000
Lorong Tembikai 3
2,800 sqft · RM 150 PSF
RM 450,000
Lorong Binjai 13
2,799 sqft · RM 161 PSF
RM 565,000
Tingkat Binjai 8
2,799 sqft · RM 202 PSF
RM 420,000
Lorong Tembikai 3
2,800 sqft · RM 150 PSF
RM 420,000
Lebuh Binjai 2
2,799 sqft · RM 150 PSF
+3 more
3,400 sqft
Semi-D
RM 530,000
Lengkok Binjai
3,423 sqft · RM 155 PSF
4,950 sqft
Semi-D
RM 460,000
Lengkok Binjai
4,951 sqft · RM 93 PSF
5,200 sqft
Semi-D
RM 510,000
Lebuh Binjai 3
5,188 sqft · RM 98 PSF
5,500 sqft
Semi-D
RM 500,000
Lorong Tembikai 5
5,479 sqft · RM 91 PSF
5,850 sqft
Semi-D
RM 650,000
Tingkat Binjai 8
5,856 sqft · RM 111 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 400,000

RM 186 psf

Median transaction price

RM 375,000

RM 191 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 29 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 186.

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 400K, with most transactions falling within a stable range of RM 298K to RM 502K, and a typical market range of RM 325K to RM 475K.

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 186, though individual units vary from RM 133 to RM 239 in the core range. The broader market spans RM 137.81 to RM 233.81, indicating diverse property characteristics. A wider spread (IQR: RM 96.00) and deviation (MAD: RM 53) 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. Moderate transaction volume may require patience when buying or selling.