TAMAN PANDAN JAYA SEK 1 (HAI CHOON DEV) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 198K and a median price per square foot (PSF) of RM 166.
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 198K, with most transactions falling within a stable range of RM 108K to RM 288K, and a typical market range of RM 114K to RM 282K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 166, though individual units vary from RM 130 to RM 203 in the core range. The broader market spans RM 132.13 to RM 199.88, indicating diverse property characteristics. The spread of RM 67.75 (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.
