TAMAN SERI RAMBAI 1

Area Intelligence
2024
Median Price
RM 270,000
PSF: RM 198

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 198

TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 198.

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 270K, with most transactions falling within a stable range of RM 218K to RM 322K, and a typical market range of RM 221K to RM 319K.

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 198, though individual units vary from RM 157 to RM 239 in the core range. The broader market spans RM 172.50 to RM 223.50, indicating diverse property characteristics. The spread of RM 51.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

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 SERI RAMBAI 1, Melaka Tengah, Melaka

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Transactions

5 transactions found

RM 370,000
JALAN SR 1/10
3,261 sqft RM 113.00 PSF
RM 280,000
JALAN SR 1/3
1,464 sqft RM 191.00 PSF
RM 210,000
TAMAN SRI RAMBAI
883 sqft RM 238.00 PSF
RM 258,000
JALAN SR 1/6
1,302 sqft RM 198.00 PSF
RM 270,000
JALAN SR 1/5
1,302 sqft RM 207.00 PSF

No Properties For Sale

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

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