Area Intelligence

TMN KESIDANG SEK 2

8 properties
2023
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Median Price
RM 240,000
PSF: RM 194

Residential Market

Median Price

RM 240,000

IQR: RM 64
MAD: RM 32
RM 194 PSF 6.2%

PSF Trends (2021-2025)

TMN KESIDANG SEK 2 in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 194.

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 240K, with most transactions falling within a stable range of RM 168K to RM 312K, and a typical market range of RM 183K to RM 298K.

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

Price per square foot shows a median of RM 194, though individual units vary from RM 140 to RM 247 in the core range. The broader market spans RM 161.00 to RM 226.00, indicating diverse property characteristics. A wider spread (IQR: RM 65.00) and deviation (MAD: RM 53) 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.

Area Location

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TMN KESIDANG SEK 2, Melaka Tengah, Melaka

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Transactions

8 properties grouped by size

750 sqft
1 units Condo/Apartment
RM 140,000
740 sqft · RM 189.00 PSF
Aug 2023
900 sqft
1 units Condo/Apartment
RM 230,000
915 sqft · RM 251.00 PSF
Nov 2023
950 sqft
1 units Condo/Apartment
RM 185,000
936 sqft · RM 198.00 PSF
Sep 2023
1,000 sqft
1 units Condo/Apartment
RM 310,000
980 sqft · RM 316.00 PSF
Sep 2023
1,200 sqft
2 units Single Storey Terraced
RM 260,000
JLN KESIDANG 2/2
1,195 sqft · RM 218.00 PSF
Dec 2023
RM 183,000
LORONG 1
1,195 sqft · RM 153.00 PSF
Feb 2023
1,550 sqft
1 units Single Storey Terraced
RM 250,000
JLN KESIDANG 2/13
1,539 sqft · RM 162.00 PSF
Feb 2023
2,550 sqft
1 units Double Storey Terraced
RM 380,000
JLN KESIDANG 2/9
2,530 sqft · RM 150.00 PSF
Feb 2023