Melaka
Melaka Tengah
Bkt Rambai
TAMAN SERI RAMBAI 1

TAMAN SERI RAMBAI 1

Area Intelligence

2021

Median Price

RM 230,000

PSF: RM 177

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 177

TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 230K and a median price per square foot (PSF) of RM 177.

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 230K, with most transactions falling within a stable range of RM 205K to RM 230K, and a typical market range of RM 181K to RM 230K.

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 177, with most transactions between RM 164 and RM 191. The usual range is RM 151.50 to RM 202.50, 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.

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TAMAN SERI RAMBAI 1, Melaka Tengah, Melaka

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