TMN BERTAM JAYA FASA 1

TMN BERTAM JAYA FASA 1 in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 167.

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 230K, with most transactions falling within a stable range of RM 150K to RM 345K, and a typical market range of RM 193K to RM 268K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 167, though individual units vary from RM 98 to RM 236 in the core range. The broader market spans RM 121.50 to RM 212.50, indicating diverse property characteristics. A wider spread (IQR: RM 91.00) and deviation (MAD: RM 69) 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.