Melaka
Melaka Tengah
Bkt Rambai
TAMAN RAMBAI INDAH

TAMAN RAMBAI INDAH

Area Intelligence

2022

Median Price

RM 230,000

PSF: RM 210

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 210

TAMAN RAMBAI INDAH in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 210.

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 230K, with most transactions falling within a stable range of RM 150K to RM 310K, and a typical market range of RM 184K to RM 276K.

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

Price per square foot shows a median of RM 210, though individual units vary from RM 137 to RM 282 in the core range. The broader market spans RM 171.00 to RM 248.00, indicating diverse property characteristics. A wider spread (IQR: RM 77.00) and deviation (MAD: RM 73) indicate significant PSF variations, likely due to diverse property types or conditions.

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

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