TAMAN RAMBAI TENGAH SENTOSA

TAMAN RAMBAI TENGAH SENTOSA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 474K and a median price per square foot (PSF) of RM 104.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 474K, with most transactions falling within a stable range of RM 424K to RM 524K, and a typical market range of RM 450K to RM 498K.

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

The median PSF stands at RM 104, with core pricing between RM 86 and RM 122. Market pricing typically extends from RM 93.13 to RM 114.88, reflecting moderate variation in unit pricing. The spread of RM 21.75 (IQR) and deviation of RM 18 (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.