Melaka
Melaka Tengah
Bkt Rambai
TAMAN RAMBAI INDAH

TAMAN RAMBAI INDAH

Area Intelligence

2023

Median Price

RM 220,000

PSF: RM 166

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Residential PSF Trends

Median Price

RM 220,000

PSF: RM 166

TAMAN RAMBAI INDAH in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 166.

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 220K, with most transactions falling within a stable range of RM 210K to RM 285K, and a typical market range of RM 210K to RM 266K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 166, with core pricing between RM 136 and RM 196. Market pricing typically extends from RM 127.50 to RM 204.50, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 30 (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.

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TAMAN RAMBAI INDAH, Melaka Tengah, Melaka

OSM

Track location

Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 385,000

R/A 2

2,379 sqft • RM 162.00 PSF

Nov 2023

RM 260,000

LORONG 2

1,550 sqft • RM 168.00 PSF

Nov 2023

RM 210,000

LORONG 2

883 sqft • RM 238.00 PSF

Jul 2023

RM 220,000

LORONG 4

1,324 sqft • RM 166.00 PSF

Apr 2023

RM 220,000

JALAN 2/3

1,378 sqft • RM 160.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
R/A 2	RM 385,000	RM 162.00	2,379 sqft	Nov 2023	Single Storey Terraced
LORONG 2	RM 260,000	RM 168.00	1,550 sqft	Nov 2023	Double Storey Terraced
LORONG 2	RM 210,000	RM 238.00	883 sqft	Jul 2023	Double Storey Terraced
LORONG 4	RM 220,000	RM 166.00	1,324 sqft	Apr 2023	Double Storey Terraced
JALAN 2/3	RM 220,000	RM 160.00	1,378 sqft	Jan 2023	Single Storey Terraced