TAMAN RAMBAI JAYA FIII

TAMAN RAMBAI JAYA FIII in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 151.

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 180K, with most transactions falling within a stable range of RM 129K to RM 231K, and a typical market range of RM 153K to RM 208K.

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

The median PSF stands at RM 151, with core pricing between RM 122 and RM 180. Market pricing typically extends from RM 126.00 to RM 176.00, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 29 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.