TMN AIR KEROH FASA 1-3

TMN AIR KEROH FASA 1-3 in Melaka Tengah, Melaka recorded 22 subsale transactions in 2022, with a median price of RM 215K and a median price per square foot (PSF) of RM 136.

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 215K, with most transactions falling within a stable range of RM 145K to RM 285K, and a typical market range of RM 160K to RM 270K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 136, though individual units vary from RM 103 to RM 169 in the core range. The broader market spans RM 113.50 to RM 158.50, indicating diverse property characteristics. The spread of RM 45.00 (IQR) and deviation of RM 33 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.