Area Intelligence

TMN BKT RAMBAI (BARU)

5 properties
2022
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Median Price
RM 245,000
PSF: RM 159

Residential Market

Median Price

RM 245,000

IQR: RM 27
MAD: RM 18
RM 159 PSF 2.4%

PSF Trends (2021-2025)

TMN BKT RAMBAI (BARU) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 245K and a median price per square foot (PSF) of RM 159.

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 245K, with most transactions falling within a stable range of RM 140K to RM 350K, and a typical market range of RM 180K to RM 310K.

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 159, though individual units vary from RM 115 to RM 203 in the core range. The broader market spans RM 141.63 to RM 176.38, indicating diverse property characteristics. A wider spread (IQR: RM 34.75) and deviation (MAD: RM 44) 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.

Area Location

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TMN BKT RAMBAI (BARU), Melaka Tengah, Melaka

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Transactions

5 properties grouped by size

1,100 sqft
1 units Low-Cost House
RM 70,000
LRG 1
1,098 sqft · RM 64.00 PSF
Oct 2022
1,300 sqft
1 units Single Storey Terraced
RM 230,000
JLN BR 12
1,302 sqft · RM 177.00 PSF
Oct 2022
1,450 sqft
1 units Single Storey Terraced
RM 260,000
JALAN BR 3
1,432 sqft · RM 182.00 PSF
Aug 2022
1,550 sqft
1 units Single Storey Terraced
RM 245,000
JALAN BR 5
1,539 sqft · RM 159.00 PSF
Nov 2022
3,200 sqft
1 units Single Storey Semi-D
RM 400,000
LRG 7
3,197 sqft · RM 125.00 PSF
Mar 2022