TAMAN KOTA SUNGAI RAMBAI in Jasin, Melaka recorded 33 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 159.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 219K to RM 281K, and a typical market range of RM 214K to RM 286K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 159, with most transactions between RM 144 and RM 174. The usual range is RM 130.25 to RM 187.75, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
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. Moderate transaction volume may require patience when buying or selling.