Area Intelligence

TMN RAMBAI HARMONI

2 properties
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Median Price
RM 352,500
PSF: RM 128

Commercial Market

Median Price

RM 250,000

RM 162 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN RAMBAI HARMONI in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 353K and a median price per square foot (PSF) of RM 128.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 353K, with most transactions falling within a stable range of RM 250K to RM 455K, and a typical market range of RM 301K to RM 404K.

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

Price per square foot shows a median of RM 128, though individual units vary from RM 94 to RM 162 in the core range. The broader market spans RM 111.00 to RM 145.00, indicating diverse property characteristics. A wider spread (IQR: RM 34.00) and deviation (MAD: RM 34) 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 RAMBAI HARMONI, Melaka Tengah, Melaka

OSM

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Transactions

2 properties grouped by size

1,550 sqft
1 units Single Storey Shop
RM 250,000
JLN RH 1
1,539 sqft · RM 162.00 PSF
Jan 2024
4,850 sqft
1 units Single Storey Semi-D
RM 455,000
JLN RH 3
4,865 sqft · RM 94.00 PSF
Apr 2023