TAMAN RAMBAI IDAMAN

TAMAN RAMBAI IDAMAN in Melaka Tengah, Melaka recorded 36 subsale transactions in 2023, with a median price of RM 295K and a median price per square foot (PSF) of RM 155.

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 295K, with most transactions falling within a stable range of RM 228K to RM 362K, and a typical market range of RM 240K to RM 350K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 155, with core pricing between RM 127 and RM 183. Market pricing typically extends from RM 135.00 to RM 175.00, reflecting moderate variation in unit pricing. The spread of RM 40.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

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.