TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 181.
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 160K, with most transactions falling within a stable range of RM 120K to RM 200K, and a typical market range of RM 111K to RM 209K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 181, with core pricing between RM 154 and RM 208. Market pricing typically extends from RM 155.50 to RM 206.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 27, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.