TMN SINN 6 & 7

TMN SINN 6 & 7 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 234.

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 420K, with most transactions falling within a stable range of RM 411K to RM 441K, and a typical market range of RM 411K to RM 460K.

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

The median PSF stands at RM 234, with core pricing between RM 197 and RM 271. Market pricing typically extends from RM 204.88 to RM 263.13, reflecting moderate variation in unit pricing. The spread of RM 58.25 (IQR) and deviation of RM 37 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.