TAMAN SENTOSA

TAMAN SENTOSA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 840K and a median price per square foot (PSF) of RM 214.

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 840K, with most transactions falling within a stable range of RM 750K to RM 1.22 million, and a typical market range of RM 750K to RM 1.18 million.

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

Price per square foot shows a median of RM 214, though individual units vary from RM 163 to RM 265 in the core range. The broader market spans RM 169.65 to RM 258.15, indicating diverse property characteristics. The spread of RM 88.50 (IQR) and deviation of RM 51 (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.