HATTEN CITY

HATTEN CITY in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 264K and a median price per square foot (PSF) of RM 583.

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 264K, with most transactions falling within a stable range of RM 250K to RM 352K, and a typical market range of RM 250K to RM 310K.

Most transactions involved service apartment, with minimal variety in property types.

The median PSF stands at RM 583, with core pricing between RM 514 and RM 652. Market pricing typically extends from RM 530.50 to RM 635.50, reflecting moderate variation in unit pricing. With an IQR of RM 105.00 and MAD of RM 69, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.