TMN BKT RAMBAI (BARU)

TMN BKT RAMBAI (BARU) in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 268K and a median price per square foot (PSF) of RM 182.

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 268K, with most transactions falling within a stable range of RM 240K to RM 331K, and a typical market range of RM 240K to RM 333K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 182, though individual units vary from RM 136 to RM 228 in the core range. The broader market spans RM 164.63 to RM 199.38, indicating diverse property characteristics. A wider spread (IQR: RM 34.75) and deviation (MAD: RM 46) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.