TMN RAMBAI MUTIARA

TMN RAMBAI MUTIARA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 426K and a median price per square foot (PSF) of RM 118.

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 426K, with most transactions falling within a stable range of RM 353K to RM 498K, and a typical market range of RM 388K to RM 463K.

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

For price per square foot, the median is RM 118, with most transactions between RM 115 and RM 120. The usual range is RM 90.50 to RM 144.50, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 3, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.