TAMAN BKT SENJUANG in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 259.
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 350K, with most transactions falling within a stable range of RM 250K to RM 450K, and a typical market range of RM 243K to RM 458K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 259, with core pricing between RM 220 and RM 299. Market pricing typically extends from RM 209.00 to RM 309.00, reflecting moderate variation in unit pricing. The spread of RM 100.00 (IQR) and deviation of RM 40 (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.
