TAMAN SERI RAMBAI 1

TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 230K and a median price per square foot (PSF) of RM 177.

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 230K, with most transactions falling within a stable range of RM 180K to RM 310K, and a typical market range of RM 181K to RM 279K.

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

The median PSF stands at RM 177, with core pricing between RM 151 and RM 203. Market pricing typically extends from RM 151.50 to RM 202.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.