TMN TENGKERA JAYA FASA 1(R P TMN SIANTAN

TMN TENGKERA JAYA FASA 1(R P TMN SIANTAN in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 95K and a median price per square foot (PSF) of RM 143.

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 95K, with most transactions falling within a stable range of RM 90K to RM 100K, and a typical market range of RM 90K to RM 100K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

For price per square foot, the median is RM 143, with most transactions between RM 139 and RM 147. The usual range is RM 112.00 to RM 174.00, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 4, 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.