Area Intelligence

PUSAT KOMERSIAL SRI RAMBAI

5 properties
3-Storey Storey Shop
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Median Price
RM 675,000
PSF: RM 449

Commercial Market

Median Price

RM 675,000

IQR: RM 26
MAD: RM 21
RM 449 PSF 13.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PUSAT KOMERSIAL SRI RAMBAI in Seberang Perai Tengah, Penang recorded 5 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 675K and a median price per square foot (PSF) of RM 449.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 675K, with most transactions falling within a stable range of RM 436K to RM 880K, and a typical market range of RM 415K to RM 880K.

Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 449, though individual units vary from RM 336 to RM 562 in the core range. The broader market spans RM 436.00 to RM 462.00, indicating diverse property characteristics. A wider spread (IQR: RM 26.00) and deviation (MAD: RM 113) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT KOMERSIAL SRI RAMBAI, Seberang Perai Tengah, Penang

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Transactions

5 properties grouped by size

800 sqft
1 units 3-Storey Storey Shop
RM 336,000
LORONG TEMBIKAI 8
786 sqft · RM 428.00 PSF
Jul 2023
1,500 sqft
3 units 3-Storey Storey Shop
RM 880,000
LORONG TEMBIKAI 1
1,496 sqft · RM 588.00 PSF
Jun 2024
RM 350,000
LORONG TEMBIKAI 1
1,496 sqft · RM 234.00 PSF
Oct 2023
RM 675,000
LRG TEMBIKAI 8
1,485 sqft · RM 454.00 PSF
Aug 2022
1,950 sqft
1 units 3-Storey Storey Shop
RM 870,000
LORONG TEMBIKAI 8
1,938 sqft · RM 449.00 PSF
Dec 2023