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Market Snapshot
ResidentialRM 285,500
RM 133 psfMedian transaction price
Taman Rambai Permai, 75260 Bukit Rambai, Melaka, Malaysia
MapsTaman Rambai Permai in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 286K and a median price per square foot (PSF) of RM 133.
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 286K, with most transactions falling within a stable range of RM 200K to RM 371K, and a typical market range of RM 232K to RM 339K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 133, though individual units vary from RM 86 to RM 180 in the core range. The broader market spans RM 117.17 to RM 149.17, indicating diverse property characteristics. A wider spread (IQR: RM 32.00) and deviation (MAD: RM 47) 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.