Area Intelligence

TMN SERI RAMBAI 1

5 properties
2024
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Median Price
RM 270,000
PSF: RM 198

Residential Market

Median Price

RM 270,000

IQR: RM 43
MAD: RM 21
RM 198 PSF 2.1%

PSF Trends (2021-2025)

TMN SERI RAMBAI 1 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 198.

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 270K, with most transactions falling within a stable range of RM 218K to RM 322K, and a typical market range of RM 215K to RM 326K.

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 198, though individual units vary from RM 157 to RM 239 in the core range. The broader market spans RM 173.88 to RM 222.13, indicating diverse property characteristics. The spread of RM 48.25 (IQR) and deviation of RM 41 (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

5 properties grouped by size

900 sqft
1 units Double Storey Terraced
RM 210,000
TMN SRI RAMBAI
883 sqft · RM 238.00 PSF
May 2024
1,300 sqft
2 units Single Storey Terraced
RM 258,000
JALAN SR 1/6
1,302 sqft · RM 198.00 PSF
Apr 2024
RM 270,000
JLN SR 1/5
1,302 sqft · RM 207.00 PSF
Feb 2024
1,450 sqft
1 units Single Storey Terraced
RM 280,000
JLN SR 1/3
1,464 sqft · RM 191.00 PSF
May 2024
3,250 sqft
1 units Single Storey Semi-D
RM 370,000
JLN SR 1/10
3,261 sqft · RM 113.00 PSF
Nov 2024