TAMAN SENTOSA

Area Intelligence

2023

Median Price

RM 775,000

PSF: RM 207

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Residential PSF Trends

Median Price

RM 775,000

PSF: RM 207

TAMAN SENTOSA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 775K and a median price per square foot (PSF) of RM 207.

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 775K, with most transactions falling within a stable range of RM 750K to RM 800K, and a typical market range of RM 750K to RM 800K.

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 207, with most transactions between RM 198 and RM 215. The usual range is RM 162.25 to RM 250.75, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 9, 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.

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TAMAN SENTOSA, Melaka Tengah, Melaka

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