TMN AIR KEROH FASA 1-3

TMN AIR KEROH FASA 1-3 in Melaka Tengah, Melaka recorded 10 subsale transactions in 2024, with a median price of RM 240K and a median price per square foot (PSF) of RM 160.

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 163K to RM 317K, and a typical market range of RM 185K to RM 295K.

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

Price per square foot shows a median of RM 160, though individual units vary from RM 122 to RM 198 in the core range. The broader market spans RM 137.50 to RM 182.50, indicating diverse property characteristics. The spread of RM 45.00 (IQR) and deviation of RM 38 (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. Limited transaction history suggests carefully evaluating comparable sales data.