TMN RAMBAI UTAMA

TMN 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 202K to RM 278K, and a typical market range of RM 220K to RM 260K.

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

The median PSF stands at RM 201, with core pricing between RM 170 and RM 232. Market pricing typically extends from RM 181.13 to RM 220.88, reflecting moderate variation in unit pricing. The spread of RM 39.75 (IQR) and deviation of RM 31 (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.