SILVERSCAPE @ HATTEN CITY

SILVERSCAPE @ HATTEN CITY in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 430K and a median price per square foot (PSF) of RM 641.

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 430K, with most transactions falling within a stable range of RM 333K to RM 527K, and a typical market range of RM 331K to RM 530K.

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

Price per square foot shows a median of RM 641, though individual units vary from RM 472 to RM 810 in the core range. The broader market spans RM 530.75 to RM 751.25, indicating diverse property characteristics. A wider spread (IQR: RM 220.50) and deviation (MAD: RM 169) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.