Melaka
Melaka Tengah
Bdr Melaka
SILVERSCAPE @ HATTEN CITY

SILVERSCAPE @ HATTEN CITY

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 587

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 587

SILVERSCAPE @ HATTEN CITY in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 587.

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 450K, with most transactions falling within a stable range of RM 450K to RM 465K, and a typical market range of RM 450K to RM 480K.

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

For price per square foot, the median is RM 587, with most transactions between RM 567 and RM 608. The usual range is RM 476.75 to RM 697.25, showing that most units are priced quite close to each other. With an IQR of RM 220.50 and MAD of RM 21, 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.

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SILVERSCAPE @ HATTEN CITY, Melaka Tengah, Melaka

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