TMN DATUK TAMBY CHIK KARIM

TMN DATUK TAMBY CHIK KARIM in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 134.

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 450K, with most transactions falling within a stable range of RM 395K to RM 730K, and a typical market range of RM 395K to RM 591K.

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

For price per square foot, the median is RM 134, with most transactions between RM 125 and RM 143. The usual range is RM 117.88 to RM 150.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.25 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.