TMN PADANG TEMU PERMATA

TMN PADANG TEMU PERMATA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 359K and a median price per square foot (PSF) of RM 128.

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 359K, with most transactions falling within a stable range of RM 357K to RM 359K, and a typical market range of RM 354K to RM 359K.

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

For price per square foot, the median is RM 128, with most transactions between RM 127 and RM 129. The usual range is RM 109.88 to RM 146.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.25 and an average deviation (MAD) of RM 1 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.