TAMAN RAMBAI MUTIARA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 161.
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 460K, with most transactions falling within a stable range of RM 405K to RM 515K, and a typical market range of RM 423K to RM 498K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 161, with core pricing between RM 133 and RM 189. Market pricing typically extends from RM 134.00 to RM 188.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
