Area Intelligence

TMN SERI RAMBAI 1

8 properties
2023
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Median Price
RM 250,000
PSF: RM 173

Residential Market

Median Price

RM 250,000

IQR: RM 43
MAD: RM 21
RM 173 PSF 2.1%

PSF Trends (2021-2025)

TMN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 173.

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 190K to RM 344K, and a typical market range of RM 195K to RM 306K.

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 173, though individual units vary from RM 137 to RM 209 in the core range. The broader market spans RM 148.88 to RM 197.13, indicating diverse property characteristics. The spread of RM 48.25 (IQR) and deviation of RM 36 (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 190,000
JALAN SERI RAMBAI 2
883 sqft · RM 215.00 PSF
Oct 2023
1,300 sqft
4 units Single Storey Terraced
RM 250,000
JLN SR 1/8
1,302 sqft · RM 192.00 PSF
Dec 2023
RM 250,000
JALAN SR 1/6
1,302 sqft · RM 192.00 PSF
Aug 2023
RM 200,000
SR 1/8
1,302 sqft · RM 154.00 PSF
Aug 2023
RM 200,000
JALAN SRI RAMBAI 1/9
1,302 sqft · RM 154.00 PSF
Jul 2023
2,100 sqft
1 units Single Storey Terraced
RM 250,000
JALAN SRI RAMBAI 1/8
2,099 sqft · RM 119.00 PSF
Jun 2023
2,200 sqft
1 units Double Storey Semi-D
RM 495,000
JLN SR 1
2,207 sqft · RM 224.00 PSF
Nov 2023
2,450 sqft
1 units Single Storey Semi-D
RM 318,000
JALAN SR 19/A
2,454 sqft · RM 130.00 PSF
Jan 2023