TAMAN BKT SERINDIT

TAMAN BKT SERINDIT in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 246.

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 320K, with most transactions falling within a stable range of RM 315K to RM 389K, and a typical market range of RM 315K to RM 394K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 246, with most transactions between RM 224 and RM 268. The usual range is RM 210.75 to RM 281.25, showing that most units are priced quite close to each other. With an IQR of RM 70.50 and MAD of RM 22, 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.