TMN BKT LARANG INDAH

TMN BKT LARANG INDAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 310K and a median price per square foot (PSF) of RM 145.

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 310K, with most transactions falling within a stable range of RM 190K to RM 432K, and a typical market range of RM 209K to RM 411K.

Most transactions involved low-cost house, with moderate diversity in property types available.

The median PSF stands at RM 145, with core pricing between RM 121 and RM 168. Market pricing typically extends from RM 121.75 to RM 167.25, reflecting moderate variation in unit pricing. The spread of RM 45.50 (IQR) and deviation of RM 24 (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.