TAMAN SERI PANDAN-PDN JAYA (LORONG PANDAN)

TAMAN SERI PANDAN-PDN JAYA (LORONG PANDAN) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 255K and a median price per square foot (PSF) of RM 135.

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 255K, with most transactions falling within a stable range of RM 230K to RM 280K, and a typical market range of RM 230K to RM 280K.

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

The median PSF stands at RM 135, with core pricing between RM 109 and RM 161. Market pricing typically extends from RM 106.38 to RM 163.63, reflecting moderate variation in unit pricing. The spread of RM 57.25 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.