TAMAN RAMBAI INDAH

Area Intelligence
2023
Median Price
RM 240,000
PSF: RM 164

Residential PSF Trends

Median Price

RM 240,000

PSF: RM 164

TAMAN RAMBAI INDAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 164.

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 220K to RM 308K, and a typical market range of RM 220K to RM 286K.

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

For price per square foot, the median is RM 164, with most transactions between RM 161 and RM 167. The usual range is RM 125.50 to RM 202.50, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

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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Transactions

4 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 220,000
LORONG 4
1,324 sqft · RM 166 PSF
1,400 sqft
Single Storey Terraced
RM 220,000
JALAN 2/3
1,378 sqft · RM 160 PSF
1,550 sqft
Double Storey Terraced
RM 260,000
LORONG 2
1,550 sqft · RM 168 PSF
2,400 sqft
Single Storey Terraced
RM 385,000
R/A 2
2,379 sqft · RM 162 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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