PUSAT KOMERSIAL SRI RAMBAI
Commercial Market
Median Price
RM 675,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
7 properties
Median Price
RM 700,000
+12.1% CAGR
Median PSF
RM 500.00
+8.4% CAGR
Shop/Retail Lot
2 properties
Median Price
RM 317,500
Median PSF
RM 313.50
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
3-Storey Storey Shop | 7 |
RM 700,000
±180K MAD
|
+12.12% |
RM 500.00
±72 MAD
|
+8.44% | |
Shop/Retail Lot | 2 |
RM 317,500
|
- |
RM 313.50
|
- |
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.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG TEMBIKAI 8
|
RM 336,000
|
RM 428.00
|
786 sqft
|
Jul 2023
|
LORONG TEMBIKAI 1
|
RM 880,000
|
RM 588.00
|
1,496 sqft
|
Jun 2024
|
|
LORONG TEMBIKAI 1
|
RM 350,000
|
RM 234.00
|
1,496 sqft
|
Oct 2023
|
|
LRG TEMBIKAI 8
|
RM 675,000
|
RM 454.00
|
1,485 sqft
|
Aug 2022
|
LORONG TEMBIKAI 8
|
RM 870,000
|
RM 449.00
|
1,938 sqft
|
Dec 2023
|