Area Intelligence

TMN BKT RAMBAI (FASA 1-2)

4 properties
2021
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Median Price
RM 222,500
PSF: RM 86

Residential Market

Median Price

RM 222,500

IQR: RM 54
MAD: RM 23
RM 86 PSF 14.7%

PSF Trends (2021-2025)

TMN BKT RAMBAI (FASA 1-2) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 223K and a median price per square foot (PSF) of RM 86.

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 223K, with most transactions falling within a stable range of RM 153K to RM 240K, and a typical market range of RM 183K to RM 240K.

Most transactions involved detached factory/warehous, with moderate diversity in property types available.

Price per square foot shows a median of RM 86, though individual units vary from RM 37 to RM 134 in the core range. The broader market spans RM 62.50 to RM 108.50, indicating diverse property characteristics. A wider spread (IQR: RM 46.00) and deviation (MAD: RM 49) 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 (FASA 1-2), Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 240,000
JALAN PERAWAN 5
1,399 sqft · RM 172.00 PSF
Oct 2021
1,800 sqft
1 units Low-Cost House
RM 70,000
JLN TERUNA 4
1,798 sqft · RM 39.00 PSF
Jan 2021
2,150 sqft
1 units Single Storey Terraced
RM 210,000
PERAWAN 7
2,174 sqft · RM 97.00 PSF
Nov 2021
3,200 sqft
1 units Single Storey Semi-D
RM 235,000
JLN PERAWAN 1
3,197 sqft · RM 74.00 PSF
Dec 2021