SILVERSCAPE @ HATTEN CITY

SILVERSCAPE @ HATTEN CITY in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 587.

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 450K, with most transactions falling within a stable range of RM 240K to RM 699K, and a typical market range of RM 351K to RM 550K.

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

Price per square foot shows a median of RM 587, though individual units vary from RM 462 to RM 712 in the core range. The broader market spans RM 476.75 to RM 697.25, indicating diverse property characteristics. The spread of RM 220.50 (IQR) and deviation of RM 125 (MAD) suggest moderate price variations reflecting different property features.

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.