TMN RAMBAI INDAH

TMN RAMBAI INDAH in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 166.

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 220K, with most transactions falling within a stable range of RM 210K to RM 285K, and a typical market range of RM 210K to RM 263K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 166, with core pricing between RM 136 and RM 196. Market pricing typically extends from RM 133.63 to RM 198.38, reflecting moderate variation in unit pricing. The spread of RM 64.75 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.