TAMAN SERI RAMBAI 1

TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 198.

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 270K, with most transactions falling within a stable range of RM 218K to RM 322K, and a typical market range of RM 221K to RM 319K.

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

Price per square foot shows a median of RM 198, though individual units vary from RM 157 to RM 239 in the core range. The broader market spans RM 172.50 to RM 223.50, indicating diverse property characteristics. The spread of RM 51.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

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.