TMN RAMBAI MURNI

TMN RAMBAI MURNI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 157.

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 250K, with most transactions falling within a stable range of RM 236K to RM 250K, and a typical market range of RM 238K to RM 250K.

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

Price per square foot shows a median of RM 157, though individual units vary from RM 125 to RM 189 in the core range. The broader market spans RM 144.50 to RM 169.50, indicating diverse property characteristics. The spread of RM 25.00 (IQR) and deviation of RM 32 (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.