TMN PUNCAK RAMBAI

TMN PUNCAK RAMBAI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 363K and a median price per square foot (PSF) of RM 190.

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 363K, with most transactions falling within a stable range of RM 323K to RM 402K, and a typical market range of RM 339K to RM 386K.

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

Price per square foot shows a median of RM 190, though individual units vary from RM 145 to RM 234 in the core range. The broader market spans RM 174.63 to RM 204.38, indicating diverse property characteristics. The spread of RM 29.75 (IQR) and deviation of RM 45 (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.