TAMAN KESIDANG SEK 2

TAMAN KESIDANG SEK 2 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 208K and a median price per square foot (PSF) of RM 225.

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 208K, with most transactions falling within a stable range of RM 158K to RM 258K, and a typical market range of RM 150K to RM 265K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 225, with core pricing between RM 191 and RM 259. Market pricing typically extends from RM 192.00 to RM 257.00, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 34 (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.