TMN PUNCAK RAMBAI

TMN PUNCAK RAMBAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 193.

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 370K, with most transactions falling within a stable range of RM 340K to RM 400K, and a typical market range of RM 347K to RM 393K.

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

The median PSF stands at RM 193, with core pricing between RM 164 and RM 221. Market pricing typically extends from RM 177.63 to RM 207.38, reflecting moderate variation in unit pricing. With an IQR of RM 29.75 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

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.