Melaka
Melaka Tengah
Bkt Rambai
TAMAN RAMBAI MUTIARA

TAMAN RAMBAI MUTIARA

Area Intelligence

2024

Median Price

RM 395,000

PSF: RM 137

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Residential PSF Trends

Median Price

RM 395,000

PSF: RM 137

TAMAN RAMBAI MUTIARA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 395K and a median price per square foot (PSF) of RM 137.

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 395K, with most transactions falling within a stable range of RM 390K to RM 400K, and a typical market range of RM 390K to RM 400K.

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

For price per square foot, the median is RM 137, with most transactions between RM 135 and RM 138. The usual range is RM 109.50 to RM 163.50, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN RAMBAI MUTIARA, Melaka Tengah, Melaka

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