TMN DATUK TAMBY CHIK KARIM

TMN DATUK TAMBY CHIK KARIM in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 470K and a median price per square foot (PSF) of RM 137.

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 470K, with most transactions falling within a stable range of RM 400K to RM 596K, and a typical market range of RM 400K to RM 611K.

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

The median PSF stands at RM 137, with core pricing between RM 116 and RM 158. Market pricing typically extends from RM 120.88 to RM 153.13, reflecting moderate variation in unit pricing. The spread of RM 32.25 (IQR) and deviation of RM 21 (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.