TAMAN GEDUNG LALANG

TAMAN GEDUNG LALANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 312K and a median price per square foot (PSF) of RM 95.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 312K, with most transactions falling within a stable range of RM 311K to RM 313K, and a typical market range of RM 312K to RM 313K.

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

For price per square foot, the median is RM 95, with most transactions between RM 94 and RM 95. The usual range is RM 94.25 to RM 94.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

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.