TMN SERI SERINDIT

TMN SERI SERINDIT in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 157.

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 360K, with most transactions falling within a stable range of RM 265K to RM 440K, and a typical market range of RM 277K to RM 440K.

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

For price per square foot, the median is RM 157, with most transactions between RM 144 and RM 170. The usual range is RM 146.38 to RM 167.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.25 and an average deviation (MAD) of RM 13 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.