TAMAN SERI RAMBAI 1

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 230K to RM 310K, 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.

The median PSF stands at RM 198, with core pricing between RM 171 and RM 225. Market pricing typically extends from RM 172.50 to RM 223.50, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.