Taman Sri Rambai

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

21 subsales grouped by size

Median
RM 390,000
PSF
RM 227
Price Size
1,400 sqft
Terrace
RM 340,000
Lorong Binjai 3
1,399 sqft · RM 243 PSF
RM 280,000
Tingkat Binjai 6
1,399 sqft · RM 200 PSF
RM 330,000
Solok Binjai 7
1,399 sqft · RM 236 PSF
RM 310,000
Lorong Binjai 9
1,399 sqft · RM 222 PSF
RM 370,000
Medan Binjai
1,399 sqft · RM 264 PSF
RM 340,000
Tingkat Binjai 6
1,399 sqft · RM 243 PSF
+3 more
1,650 sqft
2-Sty Terrace
RM 450,000
Jalan Binjai
1,658 sqft · RM 271 PSF
2,350 sqft
2-Sty Shop
RM 588,000
Tkt Binjai 12
2,336 sqft · RM 252 PSF
RM 530,000
Tingkat Binjai 15
2,336 sqft · RM 227 PSF
2,550 sqft
Terrace Factory
RM 750,000
Tingkat Binjai 4
2,551 sqft · RM 294 PSF
2,800 sqft
Semi-D
RM 538,000
Jalan Binjai
2,799 sqft · RM 192 PSF
RM 440,000
Lebuh Binjai 2
2,799 sqft · RM 157 PSF
RM 386,000
Tingkat Binjai 10
2,799 sqft · RM 138 PSF
2,900 sqft
Semi-D
RM 300,000
Tingkat Binjai 10
2,885 sqft · RM 104 PSF
3,250 sqft
Terrace Factory
RM 780,000
Lorong Asam Paya 1
3,251 sqft · RM 240 PSF
3,400 sqft
Semi-D
RM 440,000
Tingkat Binjai 30
3,401 sqft · RM 129 PSF
6,300 sqft
Semi-D
RM 525,000
Tingkat Binjai 34
6,318 sqft · RM 83 PSF
7,800 sqft
Semi-D
RM 590,000
Lorong Tembikai 3
7,810 sqft · RM 76 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 370,000

RM 214 psf

Median transaction price

RM 669,000

RM 246 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 21 subsale transactions in 2023, with a median price of RM 390K and a median price per square foot (PSF) of RM 227.

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 390K, with most transactions falling within a stable range of RM 280K to RM 531K, and a typical market range of RM 315K to RM 465K.

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 227, though individual units vary from RM 163 to RM 291 in the core range. The broader market spans RM 178.91 to RM 274.91, indicating diverse property characteristics. A wider spread (IQR: RM 96.00) and deviation (MAD: RM 64) 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.