TMN SRI TELOK MAS

TMN SRI TELOK MAS in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 94.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 300K to RM 450K, and a typical market range of RM 300K to RM 450K.

Most transactions involved detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 94, with core pricing between RM 75 and RM 112. Market pricing typically extends from RM 70.63 to RM 116.38, reflecting moderate variation in unit pricing. The spread of RM 45.75 (IQR) and deviation of RM 19 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.