RUM AWAM BKT RAMBAI

RUM AWAM BKT RAMBAI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 130K and a median price per square foot (PSF) of RM 115.

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 130K, with most transactions falling within a stable range of RM 120K to RM 156K, and a typical market range of RM 120K to RM 154K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 115, with core pricing between RM 96 and RM 134. Market pricing typically extends from RM 96.25 to RM 133.75, reflecting moderate variation in unit pricing. The spread of RM 37.50 (IQR) and deviation of RM 19 (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.