TMN SPRING

TMN SPRING in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 930K and a median price per square foot (PSF) of RM 186.

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 930K, with most transactions falling within a stable range of RM 560K to RM 1.30 million, and a typical market range of RM 650K to RM 1.21 million.

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

The median PSF stands at RM 186, with core pricing between RM 156 and RM 216. Market pricing typically extends from RM 182.25 to RM 189.75, reflecting moderate variation in unit pricing. The spread of RM 7.50 (IQR) and deviation of RM 30 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.