PERINDUSTRIAN BKT RAMBAI

PERINDUSTRIAN BKT RAMBAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 2.88 million and a median price per square foot (PSF) of RM 78.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.88 million, with most transactions falling within a stable range of RM 1.98 million to RM 3.78 million, and a typical market range of RM 1.71 million to RM 4.04 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 78, with core pricing between RM 63 and RM 93. Market pricing typically extends from RM 63.61 to RM 93.11, reflecting moderate variation in unit pricing. The spread of RM 29.50 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

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.