RUM AWAM BUKIT RAMBAI II

RUM AWAM BUKIT RAMBAI II in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 170K and a median price per square foot (PSF) of RM 143.

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 170K, with most transactions falling within a stable range of RM 143K to RM 198K, and a typical market range of RM 149K to RM 191K.

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

The median PSF stands at RM 143, with core pricing between RM 125 and RM 160. Market pricing typically extends from RM 126.38 to RM 158.63, reflecting moderate variation in unit pricing. With an IQR of RM 32.25 and MAD of RM 18, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.