TMN BKT TERENDAK

TMN BKT TERENDAK in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 100.

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 380K, with most transactions falling within a stable range of RM 360K to RM 437K, and a typical market range of RM 360K to RM 424K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 100, with core pricing between RM 82 and RM 118. Market pricing typically extends from RM 81.25 to RM 118.75, reflecting moderate variation in unit pricing. The spread of RM 37.50 (IQR) and deviation of RM 18 (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.