SILVERSCAPE @ HATTEN CITY

SILVERSCAPE @ HATTEN CITY in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 292K and a median price per square foot (PSF) of RM 567.

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 292K, with most transactions falling within a stable range of RM 284K to RM 300K, and a typical market range of RM 284K to RM 300K.

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

For price per square foot, the median is RM 567, with most transactions between RM 551 and RM 582. The usual range is RM 456.25 to RM 676.75, showing that most units are priced quite close to each other. With an IQR of RM 220.50 and MAD of RM 16, 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.