| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 3
|
RM 230,000
|
RM 209
|
1,098 sqft
|
|
|
Perawan 8
|
RM 260,000
|
RM 186
|
1,399 sqft
|
|
|
|
Jalan Teruna Jaya
|
RM 190,000
|
RM 136
|
1,399 sqft
|
|
|
|
Jalan Teruna 10
|
RM 200,000
|
RM 143
|
1,399 sqft
|
|
|
|
Jalan Br 2/7
|
RM 248,000
|
RM 177
|
1,399 sqft
|
|
|
|
Jalan Teruna 5
|
RM 160,000
|
RM 114
|
1,399 sqft
|
|
|
Lorong Perawan 6/1
|
RM 205,000
|
RM 108
|
1,894 sqft
|
|
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Market Snapshot
ResidentialRM 205,000
RM 143 psfMedian transaction price
Lorong 2 Bukit Rambai, 75260 Melaka, Malaysia
MapsTaman Bkt Rambai (Fasa 1-2) in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 205K 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 205K, with most transactions falling within a stable range of RM 173K to RM 237K, and a typical market range of RM 164K to RM 246K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 143, though individual units vary from RM 108 to RM 178 in the core range. The broader market spans RM 111.68 to RM 174.18, indicating diverse property characteristics. The spread of RM 62.50 (IQR) and deviation of RM 35 (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.