TAMAN SERI CHINCHIN (RUMAH AWAM)

TAMAN SERI CHINCHIN (RUMAH AWAM) in Jasin, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 118.

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 130K, with most transactions falling within a stable range of RM 130K to RM 137K, and a typical market range of RM 130K to RM 146K.

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

For price per square foot, the median is RM 118, with most transactions between RM 108 and RM 128. The usual range is RM 82.00 to RM 154.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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.