TMN AIR KEROH FASA 1-3

TMN AIR KEROH FASA 1-3 in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 215K and a median price per square foot (PSF) of RM 131.

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 156K to RM 274K, 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 131, though individual units vary from RM 89 to RM 172 in the core range. The broader market spans RM 108.00 to RM 153.00, indicating diverse property characteristics. A wider spread (IQR: RM 45.00) and deviation (MAD: RM 42) 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.