TAMAN SENTOSA

TAMAN SENTOSA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 164.

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 950K, with most transactions falling within a stable range of RM 650K to RM 1.25 million, and a typical market range of RM 650K to RM 1.25 million.

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

For price per square foot, the median is RM 164, with most transactions between RM 162 and RM 166. The usual range is RM 119.75 to RM 208.25, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 2, 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.