Melaka
Melaka Tengah
Tg Minyak
TAMAN RAMBAI JAYA FASA 2

TAMAN RAMBAI JAYA FASA 2

Area Intelligence

2023

Median Price

RM 269,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 167

Commercial PSF Trends

Median Price

RM 420,000

RM 352 PSF

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 370K to RM 294K, and a typical market range of RM 370K to RM 300K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 186, though individual units vary from RM 78 to RM 293 in the core range. The broader market spans RM 160.38 to RM 210.63, indicating diverse property characteristics. A wider spread (IQR: RM 50.25) and deviation (MAD: RM 108) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RAMBAI JAYA FASA 2, Melaka Tengah, Melaka

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