Area Intelligence

TMN SERI RAMBAI 1

8 properties
2022
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Median Price
RM 252,500
PSF: RM 164

Residential Market

Median Price

RM 252,500

IQR: RM 43
MAD: RM 21
RM 164 PSF 2.1%

PSF Trends (2021-2025)

TMN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 253K and a median price per square foot (PSF) of RM 164.

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 253K, with most transactions falling within a stable range of RM 160K to RM 384K, and a typical market range of RM 197K to RM 308K.

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

The median PSF stands at RM 164, with core pricing between RM 133 and RM 194. Market pricing typically extends from RM 139.38 to RM 187.63, reflecting moderate variation in unit pricing. The spread of RM 48.25 (IQR) and deviation of RM 31 (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.

Area Location

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TMN SERI RAMBAI 1, Melaka Tengah, Melaka

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Transactions

8 properties grouped by size

900 sqft
1 units Double Storey Terraced
RM 160,000
JALAN SERI RAMBAI 1
883 sqft · RM 181.00 PSF
Nov 2022
1,300 sqft
3 units Single Storey Terraced
RM 245,000
JALAN SRI RAMBAI 1/9
1,302 sqft · RM 188.00 PSF
Dec 2022
RM 220,000
JLN SR 1/9
1,302 sqft · RM 169.00 PSF
Sep 2022
RM 230,000
JALAN SR 1/3
1,302 sqft · RM 177.00 PSF
Aug 2022
1,650 sqft
1 units Single Storey Terraced
RM 260,000
JALAN 1/3
1,647 sqft · RM 158.00 PSF
Nov 2022
2,450 sqft
1 units Single Storey Semi-D
RM 360,000
JLN SR 1/8A
2,454 sqft · RM 147.00 PSF
Apr 2022
4,900 sqft
1 units Detached
RM 490,000
JALAN SR 1/1
4,887 sqft · RM 100.00 PSF
Mar 2022
5,100 sqft
1 units Detached
RM 555,000
JLN SR
5,091 sqft · RM 109.00 PSF
Apr 2022