TAMAN SERI RAMBAI

TAMAN SERI RAMBAI in Melaka Tengah, Melaka recorded 10 subsale transactions in 2024, with a median price of RM 295K and a median price per square foot (PSF) of RM 202.

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 295K, with most transactions falling within a stable range of RM 274K to RM 316K, and a typical market range of RM 286K to RM 304K.

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

For price per square foot, the median is RM 202, with most transactions between RM 184 and RM 219. The usual range is RM 190.50 to RM 212.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

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.