TMN BERTAM RIA

TMN BERTAM RIA in Melaka Tengah, Melaka recorded 14 subsale transactions in 2021, with a median price of RM 233K and a median price per square foot (PSF) of RM 165.

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 233K, with most transactions falling within a stable range of RM 217K to RM 275K, and a typical market range of RM 217K to RM 252K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 165, with core pricing between RM 139 and RM 191. Market pricing typically extends from RM 163.00 to RM 167.00, reflecting moderate variation in unit pricing. The spread of RM 4.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.