TMN KERIS MAS (SG.UDANG)

3 properties

2023

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Median Price

RM 250,000

PSF: RM 162

Residential Market

Median Price

RM 250,000

IQR: RM 60

MAD: RM 29

RM 162 PSF 14.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

8 properties

Median Price

RM 222,500

+18.1% CAGR

Median PSF

RM 153.25

+18.2% CAGR

Low-Cost House

5 properties

Median Price

RM 172,500

+15.6% CAGR

Median PSF

RM 150.50

+6.2% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	8	RM 222,500 ±55K MAD	+18.10%	RM 153.25 ±27 MAD	+18.17%
Low-Cost House	5	RM 172,500 ±13K MAD	+15.63%	RM 150.50 ±5 MAD	+6.16%

TMN KERIS MAS (SG.UDANG) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 162.

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 250K, with most transactions falling within a stable range of RM 192K to RM 300K, and a typical market range of RM 205K to RM 295K.

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

The median PSF stands at RM 162, with core pricing between RM 142 and RM 182. Market pricing typically extends from RM 132.00 to RM 192.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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.