TMN SAUJANA SEKSYEN 1

TMN SAUJANA SEKSYEN 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 498K and a median price per square foot (PSF) of RM 213.

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 498K, with most transactions falling within a stable range of RM 460K to RM 548K, and a typical market range of RM 460K to RM 558K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 213, with core pricing between RM 175 and RM 251. Market pricing typically extends from RM 182.50 to RM 243.50, reflecting moderate variation in unit pricing. The spread of RM 61.00 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.