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Taman Cenderawasih
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bkt Rambai
Market Snapshot
ResidentialRM255,000
RM186 psfMedian transaction price
Bukit Rambai, Malacca, Malaysia
MapsTaman Cenderawasih in Melaka Tengah, Melaka recorded 0 subsale transactions in 2024, with a median price of RM255K and a median price per square foot (PSF) of RM186.
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 RM255K, with most transactions falling within a stable range of RM155K to RM355K, and a typical market range of RM131K to RM379K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM186, with most transactions between RM169 and RM203. The usual range is RM167.75 to RM204.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM36.50 and an average deviation (MAD) of RM17 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.