TMN KESIDANG SEK 2

TMN KESIDANG SEK 2 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 150.

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 300K, with most transactions falling within a stable range of RM 265K to RM 542K, and a typical market range of RM 265K to RM 358K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 150, with core pricing between RM 123 and RM 177. Market pricing typically extends from RM 117.50 to RM 182.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 27 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.