Taman Cenderawasih

Bukit Rambai, Malacca, Malaysia

Property Transactions

1 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM155,000
Jalan Cenderawasih 1
1,023 sqft RM152 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM155,000

RM152 psf

Median transaction price

Taman Cenderawasih in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM155K and a median price per square foot (PSF) of RM152.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM152, with most transactions between RM152 and RM152. The usual range is RM133.33 to RM169.83, showing that most units are priced quite close to each other. A typical spread (IQR) of RM36.50 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.