Area Intelligence

TMN KASTURI SEKSYEN 2

1 properties
2023
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Median Price
RM 450,000
PSF: RM 97

Residential Market

Median Price

RM 450,000

IQR: RM 163
MAD: RM 163
RM 97 PSF 335.1%

PSF Trends (2021-2025)

TMN KASTURI SEKSYEN 2 in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 97.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 97, with most transactions between RM 97 and RM 97. The usual range is RM 15.75 to RM 178.25, showing that most units are priced quite close to each other. With an IQR of RM 162.50 and MAD of RM 0, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KASTURI SEKSYEN 2, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

4,650 sqft
1 units Double Storey Terraced
RM 450,000
LRG 1
4,661 sqft · RM 97.00 PSF
Dec 2023