Area Intelligence

TMN RAMBAI MUTIARA

5 properties
2024
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Median Price
RM 380,000
PSF: RM 162

Residential Market

Median Price

RM 380,000

IQR: RM 53
MAD: RM 27
RM 162 PSF 5.8%

PSF Trends (2021-2025)

TMN RAMBAI MUTIARA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 380K and a median price per square foot (PSF) of RM 162.

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 380K, with most transactions falling within a stable range of RM 325K to RM 400K, and a typical market range of RM 343K to RM 400K.

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

Price per square foot shows a median of RM 162, though individual units vary from RM 128 to RM 196 in the core range. The broader market spans RM 135.00 to RM 189.00, indicating diverse property characteristics. The spread of RM 54.00 (IQR) and deviation of RM 34 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN RAMBAI MUTIARA, Melaka Tengah, Melaka

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Transactions

5 properties grouped by size

1,450 sqft
1 units Single Storey Terraced
RM 270,000
JLN RM 1A
1,432 sqft · RM 189.00 PSF
Sep 2024
1,700 sqft
1 units Single Storey Terraced
RM 380,000
JLN RM 4
1,679 sqft · RM 226.00 PSF
Aug 2024
1,800 sqft
1 units Single Storey Terraced
RM 290,000
JLN RM 1A
1,787 sqft · RM 162.00 PSF
Apr 2024
2,900 sqft
2 units Cluster House
RM 390,000
JLN RM 9
2,895 sqft · RM 135.00 PSF
Nov 2024
RM 400,000
JLN RM 7
2,906 sqft · RM 138.00 PSF
Jul 2024