Area Intelligence

TMN SRI RAMBAI

6 properties
2021
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Median Price
RM 418,500
PSF: RM 146

Residential Market

Median Price

RM 418,500

IQR: RM 45
MAD: RM 25
RM 146 PSF 0.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 530,000

IQR: RM 100
MAD: RM 42
RM 337 PSF 9.7%

PSF Trends (2021-2025)

TMN 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 43 residential properties or 9 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 492K.

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

Price per square foot shows a median of RM 146, though individual units vary from RM 57 to RM 235 in the core range. The broader market spans RM 98.50 to RM 193.50, indicating diverse property characteristics. A wider spread (IQR: RM 95.00) and deviation (MAD: RM 89) 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.

Area Location

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TMN SRI RAMBAI, Seberang Perai Tengah, Penang

OSM

Transactions

6 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 500,000
JALAN BINJAI
1,399 sqft · RM 357.00 PSF
Dec 2021
2,800 sqft
3 units Single Storey Semi-D
RM 400,000
LORONG TEMBIKAI 3
2,800 sqft · RM 143.00 PSF
Dec 2021
RM 420,000
LEBUH BINJAI 2
2,799 sqft · RM 150.00 PSF
Nov 2021
RM 417,000
LEBUH TEMBIKAI
2,800 sqft · RM 149.00 PSF
Sep 2021
4,400 sqft
1 units Single Storey Semi-D
RM 390,000
JLN TEMBIKAI
4,388 sqft · RM 89.00 PSF
Dec 2021
5,150 sqft
1 units Detached
RM 515,000
LORONG BINJAI 11
5,167 sqft · RM 100.00 PSF
Dec 2021