TMN KESIDANG SEC.1

TMN KESIDANG SEC.1 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 496.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.05 million, with most transactions falling within a stable range of RM 680K to RM 1.42 million, and a typical market range of RM 865K to RM 1.24 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 496, with core pricing between RM 442 and RM 550. Market pricing typically extends from RM 469.00 to RM 523.00, reflecting moderate variation in unit pricing. With an IQR of RM 54.00 and MAD of RM 54, 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.