RUM AWAM BUKIT RAMBAI II

RUM AWAM BUKIT RAMBAI II in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 103K and a median price per square foot (PSF) of RM 92.

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 103K, with most transactions falling within a stable range of RM 75K to RM 130K, and a typical market range of RM 81K to RM 124K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 92, with core pricing between RM 75 and RM 110. Market pricing typically extends from RM 75.88 to RM 108.13, reflecting moderate variation in unit pricing. The spread of RM 32.25 (IQR) and deviation of RM 18 (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.