TMN DATUK TAMBY CHIK KARIM

TMN DATUK TAMBY CHIK KARIM in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 115.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 400K to RM 665K, and a typical market range of RM 400K to RM 621K.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 115, though individual units vary from RM 18 to RM 212 in the core range. The broader market spans RM 98.88 to RM 131.13, indicating diverse property characteristics. A wider spread (IQR: RM 32.25) and deviation (MAD: RM 97) 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.