TMN SUTERA WANGI SEK.2

TMN SUTERA WANGI SEK.2 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 338K and a median price per square foot (PSF) of RM 138.

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 338K, with most transactions falling within a stable range of RM 260K to RM 465K, and a typical market range of RM 263K to RM 413K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 138, though individual units vary from RM 110 to RM 166 in the core range. The broader market spans RM 121.25 to RM 154.75, indicating diverse property characteristics. The spread of RM 33.50 (IQR) and deviation of RM 28 (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.