TAMAN RAMBAI IDAMAN

TAMAN RAMBAI IDAMAN in Melaka Tengah, Melaka recorded 36 subsale transactions in 2023, with a median price of RM 295K and a median price per square foot (PSF) of RM 155.

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 295K, with most transactions falling within a stable range of RM 260K to RM 330K, and a typical market range of RM 241K to RM 349K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 155, with core pricing between RM 134 and RM 176. Market pricing typically extends from RM 135.00 to RM 175.00, 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. Moderate transaction volume may require patience when buying or selling.