TMN PADANG TEMU

TMN PADANG TEMU in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, with a median price of RM 458K and a median price per square foot (PSF) of RM 120.

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 458K, with most transactions falling within a stable range of RM 362K to RM 553K, and a typical market range of RM 409K to RM 506K.

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

The median PSF stands at RM 120, with core pricing between RM 99 and RM 141. Market pricing typically extends from RM 110.13 to RM 129.88, reflecting moderate variation in unit pricing. The spread of RM 19.75 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.