SILVERSCAPE @ HATTEN CITY

SILVERSCAPE @ HATTEN CITY in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 430K and a median price per square foot (PSF) of RM 641.

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 430K, with most transactions falling within a stable range of RM 325K to RM 535K, and a typical market range of RM 331K to RM 530K.

Most transactions involved service apartment, with minimal variety in property types.

The median PSF stands at RM 641, with core pricing between RM 546 and RM 736. Market pricing typically extends from RM 530.75 to RM 751.25, reflecting moderate variation in unit pricing. With an IQR of RM 220.50 and MAD of RM 95, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.