TAMAN RAMBAI JAYA FIII

TAMAN RAMBAI JAYA FIII in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 143K and a median price per square foot (PSF) of RM 84.

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 143K, with most transactions falling within a stable range of RM 130K to RM 155K, and a typical market range of RM 130K to RM 155K.

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 84, though individual units vary from RM 58 to RM 109 in the core range. The broader market spans RM 58.50 to RM 108.50, indicating diverse property characteristics. A wider spread (IQR: RM 50.00) and deviation (MAD: RM 26) 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.