Area Intelligence

TMN SERI SONGKET(A) PEC.LOT 213

4 properties
2023
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Median Price
RM 473,000
PSF: RM 334

Residential Market

Median Price

RM 473,000

IQR: RM 81
MAD: RM 36
RM 334 PSF 6.8%

PSF Trends (2021-2025)

TMN SERI SONGKET(A) PEC.LOT 213 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 473K and a median price per square foot (PSF) of RM 334.

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 473K, with most transactions falling within a stable range of RM 415K to RM 611K, and a typical market range of RM 415K to RM 573K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 334, with core pricing between RM 291 and RM 376. Market pricing typically extends from RM 293.00 to RM 374.00, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN SERI SONGKET(A) PEC.LOT 213, Melaka Tengah, Melaka

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Transactions

4 properties found

Double Storey Terraced JLN TSS 6
RM 415,000
1,195 sqft Nov 2023
RM 347.00 PSF
Double Storey Terraced JALAN TSS 5
RM 498,000
1,399 sqft Jul 2023
RM 356.00 PSF
Double Storey Semi-D JLN TSS 3
RM 765,000
3,089 sqft Jun 2023
RM 248.00 PSF
Double Storey Terraced JALAN TSS 5
RM 448,000
1,399 sqft Jan 2023
RM 320.00 PSF