TAMAN RAMBAI IDAMAN in Melaka Tengah, Melaka recorded 15 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 157.
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 240K, with most transactions falling within a stable range of RM 205K to RM 275K, and a typical market range of RM 186K to RM 294K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 157, with core pricing between RM 136 and RM 178. Market pricing typically extends from RM 137.00 to RM 177.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 21, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.