Area Intelligence

PERINDUSTRIAN BKT RAMBAI

3 properties
2024
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Median Price
RM 1,750,000
PSF: RM 83

Commercial Market

Median Price

RM 1,750,000

RM 83 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PERINDUSTRIAN BKT RAMBAI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 1.75 million and a median price per square foot (PSF) of RM 83.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.75 million, with most transactions falling within a stable range of RM 1.38 million to RM 2.91 million, and a typical market range of RM 1.38 million to RM 2.94 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 83, though individual units vary from RM 52 to RM 114 in the core range. The broader market spans RM 67.25 to RM 98.75, indicating diverse property characteristics. A wider spread (IQR: RM 31.50) and deviation (MAD: RM 31) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PERINDUSTRIAN BKT RAMBAI, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

9,600 sqft
1 units Detached Factory
RM 1,380,000
JLN PBR 38
9,612 sqft · RM 144.00 PSF
Mar 2024
23,700 sqft
1 units Detached Factory
RM 1,750,000
JLN PBR 11
23,724 sqft · RM 74.00 PSF
May 2024
48,200 sqft
1 units Detached Factory
RM 4,000,000
JALAN TP 5
48,222 sqft · RM 83.00 PSF
Feb 2024