HATTEN SQUARE in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 233K and a median price per square foot (PSF) of RM 588.
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 233K, with most transactions falling within a stable range of RM 218K to RM 248K, and a typical market range of RM 213K to RM 252K.
Most transactions involved service apartment, though some variety exists in the market.
The median PSF stands at RM 588, with core pricing between RM 492 and RM 685. Market pricing typically extends from RM 489.75 to RM 686.25, reflecting moderate variation in unit pricing. The spread of RM 196.50 (IQR) and deviation of RM 97 (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.