TAMAN MUHIBAH FASA 16

TAMAN MUHIBAH FASA 16 in Jasin, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 349K and a median price per square foot (PSF) of RM 133.

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 349K, with most transactions falling within a stable range of RM 334K to RM 376K, and a typical market range of RM 334K to RM 379K.

Most transactions involved cluster house, though some variety exists in the market.

For price per square foot, the median is RM 133, with most transactions between RM 125 and RM 140. The usual range is RM 125.50 to RM 139.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.