TMN KASTURI SEKSYEN 2

TMN KASTURI SEKSYEN 2 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 260.

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 550K, with most transactions falling within a stable range of RM 450K to RM 650K, and a typical market range of RM 500K to RM 600K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 260, though individual units vary from RM 97 to RM 422 in the core range. The broader market spans RM 178.25 to RM 340.75, indicating diverse property characteristics. A wider spread (IQR: RM 162.50) and deviation (MAD: RM 163) indicate significant PSF variations, likely due to diverse property types or conditions.

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.