|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Seri Rambai 2
|
RM 190,000
|
RM 213
|
893 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Seri Rambai 1
|
RM 160,000
|
RM 179
|
893 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Jalan Seri Rambai 1
|
RM 180,000
|
RM 201
|
893 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 180,000
RM 201 psfMedian transaction price
Taman Seri Rambai 1, 75260 Bukit Rambai, Melaka, Malaysia
MapsTaman Seri Rambai 1 in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 180K and a median price per square foot (PSF) of RM 201.
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 180K, with most transactions falling within a stable range of RM 168K to RM 190K, and a typical market range of RM 160K to RM 190K.
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 201, with most transactions between RM 188 and RM 215. The usual range is RM 175.98 to RM 226.98, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.
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.