TAMAN RAMBAI MUTIARA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 426K and a median price per square foot (PSF) of RM 118.
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 426K, with most transactions falling within a stable range of RM 371K to RM 481K, and a typical market range of RM 388K to RM 463K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 118, though individual units vary from RM 90 to RM 146 in the core range. The broader market spans RM 90.50 to RM 144.50, indicating diverse property characteristics. 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.
