TAMAN RAMBAI JAYA FASA 2 in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 269K and a median price per square foot (PSF) of RM 186.
This area contains both residential and commercial properties. View 12 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 269K, with most transactions falling within a stable range of RM 230K to RM 308K, and a typical market range of RM 238K to RM 300K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 186, with core pricing between RM 161 and RM 210. Market pricing typically extends from RM 160.38 to RM 210.63, reflecting moderate variation in unit pricing. With an IQR of RM 50.25 and MAD of RM 25, 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.
