TAMAN SERI RAMBAI 1

Area Intelligence
2022
Median Price
RM 237,500
PSF: RM 173

Residential PSF Trends

Median Price

RM 237,500

PSF: RM 173

TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 238K and a median price per square foot (PSF) of RM 173.

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 238K, with most transactions falling within a stable range of RM 222K to RM 253K, and a typical market range of RM 220K to RM 260K.

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 173, with most transactions between RM 162 and RM 184. The usual range is RM 147.50 to RM 198.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 11, 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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Transactions

4 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 245,000
JALAN SRI RAMBAI 1/9
1,302 sqft · RM 188 PSF
RM 220,000
JALAN SR 1/9
1,302 sqft · RM 169 PSF
RM 230,000
JALAN SR 1/3
1,302 sqft · RM 177 PSF
1,650 sqft
Single Storey Terraced
RM 260,000
JALAN 1/3
1,647 sqft · RM 158 PSF

No Properties For Sale

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

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