|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Lorong 10
|
RM 399,000
|
RM 257
|
1,550 sqft
|
|
2-Sty Terrace |
|
Jalan Br 4
|
RM 260,000
|
RM 169
|
1,539 sqft
|
|
Terrace |
|
Jalan Br 5
|
RM 290,000
|
RM 145
|
2,002 sqft
|
|
Terrace |
|
Jalan Br 12
|
RM 200,000
|
RM 154
|
1,302 sqft
|
|
Terrace |
|
Jalan Br 12
|
RM 230,000
|
RM 177
|
1,302 sqft
|
|
Terrace |
|
Jalan Br 12
|
RM 210,000
|
RM 161
|
1,302 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 245,000
RM 165 psfMedian transaction price
Jalan Bukit Rambai, 75260, Melaka, Malaysia
MapsTaman Bkt Rambai (Baru) in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 165.
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 245K, with most transactions falling within a stable range of RM 200K to RM 312K, and a typical market range of RM 200K to RM 308K.
Most transactions involved 2 - 2 1/2 storey shop1 - , with moderate diversity in property types available.
Price per square foot shows a median of RM 165, though individual units vary from RM 128 to RM 202 in the core range. The broader market spans RM 143.58 to RM 186.58, indicating diverse property characteristics. The spread of RM 43.00 (IQR) and deviation of RM 37 (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.