TMN PANDAN MAJU

TMN PANDAN MAJU in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 120.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 441K to RM 450K, and a typical market range of RM 445K to RM 450K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 120, with core pricing between RM 108 and RM 132. Market pricing typically extends from RM 112.50 to RM 127.50, reflecting moderate variation in unit pricing. With an IQR of RM 15.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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.