Melaka
Melaka Tengah
Tg Minyak
TAMAN RAMBAI UTAMA

TAMAN RAMBAI UTAMA

Area Intelligence

2024

Median Price

RM 240,000

PSF: RM 201

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Residential PSF Trends

Median Price

RM 240,000

PSF: RM 201

TAMAN RAMBAI UTAMA in Melaka Tengah, Melaka recorded 17 subsale transactions in 2024, with a median price of RM 240K and a median price per square foot (PSF) of RM 201.

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 240K, with most transactions falling within a stable range of RM 300K to RM 265K, and a typical market range of RM 300K to RM 260K.

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

Price per square foot shows a median of RM 201, though individual units vary from RM 135 to RM 267 in the core range. The broader market spans RM 179.25 to RM 222.75, indicating diverse property characteristics. A wider spread (IQR: RM 43.50) and deviation (MAD: RM 66) 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 UTAMA, Melaka Tengah, Melaka

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