| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Malim
|
RM 350,000
|
RM 90
|
3,875 sqft
|
|
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Taman Bachang Baru Sek 1, Taman Bachang Baru, 75350 Malacca, Malaysia
MapsTaman Seri Mangga Sek.1 in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 90.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 90, with most transactions between RM 90 and RM 90. The usual range is RM 4.07 to RM 176.57, showing that most units are priced quite close to each other. With an IQR of RM 172.50 and MAD of RM 0, 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.