TMN ARA PERMAI

TMN ARA PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 740K and a median price per square foot (PSF) of RM 321.

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 740K, with most transactions falling within a stable range of RM 630K to RM 850K, and a typical market range of RM 630K to RM 850K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 321, with core pricing between RM 266 and RM 375. Market pricing typically extends from RM 284.00 to RM 357.00, reflecting moderate variation in unit pricing. The spread of RM 73.00 (IQR) and deviation of RM 55 (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.