TAMAN SERI RAMBAI 1

Area Intelligence
2023
Median Price
RM 225,000
PSF: RM 173

Residential PSF Trends

Median Price

RM 225,000

PSF: RM 173

TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 225K 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 225K, with most transactions falling within a stable range of RM 200K to RM 250K, and a typical market range of RM 200K to RM 250K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 173, with core pricing between RM 154 and RM 192. Market pricing typically extends from RM 147.50 to RM 198.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 19, 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 250,000
JALAN SR 1/8
1,302 sqft · RM 192 PSF
RM 250,000
JALAN SR 1/6
1,302 sqft · RM 192 PSF
RM 200,000
SR 1/8
1,302 sqft · RM 154 PSF
RM 200,000
JALAN SRI RAMBAI 1/9
1,302 sqft · RM 154 PSF

No Properties For Sale

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

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