Melaka
Melaka Tengah
Tg Minyak
TAMAN RAMBAI JAYA FASA 2

TAMAN RAMBAI JAYA FASA 2

Area Intelligence

2023

Median Price

RM 395,000

PSF: RM 162

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 138

TAMAN RAMBAI JAYA FASA 2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 395K and a median price per square foot (PSF) of RM 162.

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 395K, with most transactions falling within a stable range of RM 370K to RM 420K, and a typical market range of RM 370K to RM 420K.

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

The median PSF stands at RM 162, with core pricing between RM 138 and RM 187. Market pricing typically extends from RM 136.98 to RM 187.23, reflecting moderate variation in unit pricing. The spread of RM 50.25 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

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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