TAMAN RAMBAI UTAMA

TAMAN RAMBAI UTAMA in Melaka Tengah, Melaka recorded 18 subsale transactions in 2022, with a median price of RM 220K and a median price per square foot (PSF) of RM 188.

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 220K, with most transactions falling within a stable range of RM 188K to RM 252K, and a typical market range of RM 200K to RM 240K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 188, with core pricing between RM 155 and RM 220. Market pricing typically extends from RM 165.88 to RM 209.13, reflecting moderate variation in unit pricing. The spread of RM 43.25 (IQR) and deviation of RM 33 (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.