TAMAN SERI RAMBAI 1

Area Intelligence
2023
Median Price
RM 318,000
PSF: RM 130

Residential PSF Trends

Median Price

RM 318,000

PSF: RM 130

TAMAN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 318K and a median price per square foot (PSF) of RM 130.

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 318K, with most transactions falling within a stable range of RM 250K to RM 421K, and a typical market range of RM 269K to RM 367K.

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

Price per square foot shows a median of RM 130, though individual units vary from RM 83 to RM 177 in the core range. The broader market spans RM 104.50 to RM 155.50, indicating diverse property characteristics. A wider spread (IQR: RM 51.00) and deviation (MAD: RM 47) indicate significant PSF variations, likely due to diverse property types or conditions.

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

3 transactions grouped by size

2,100 sqft
Single Storey Terraced
RM 250,000
JALAN SRI RAMBAI 1/8
2,099 sqft · RM 119 PSF
2,200 sqft
Double Storey Semi-D
RM 495,000
JALAN SR 1
2,207 sqft · RM 224 PSF
2,450 sqft
Single Storey Semi-D
RM 318,000
JALAN SR 19/A
2,454 sqft · RM 130 PSF

No Properties For Sale

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

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