JLN KLEBANG - TG KLING

JLN KLEBANG - TG KLING in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 835K and a median price per square foot (PSF) of RM 111.

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 835K, with most transactions falling within a stable range of RM 820K to RM 850K, and a typical market range of RM 820K to RM 850K.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 111, with core pricing between RM 98 and RM 124. Market pricing typically extends from RM 93.50 to RM 128.50, reflecting moderate variation in unit pricing. With an IQR of RM 35.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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.