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Market Snapshot
ResidentialRM 185,000
RM 198 psfMedian transaction price
Jalan Taman Kesidang, Taman Kesidang Seksyen 2, Melaka, Malaysia
MapsTaman Kesidang Sek 2 in Melaka Tengah, Melaka recorded 5 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM 185K and a median price per square foot (PSF) of RM 198.
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 185K, with most transactions falling within a stable range of RM 140K to RM 248K, and a typical market range of RM 140K to RM 243K.
Within the Condo/Apartment category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 198, though individual units vary from RM 148 to RM 247 in the core range. The broader market spans RM 165.05 to RM 230.05, indicating diverse property characteristics. The spread of RM 65.00 (IQR) and deviation of RM 49 (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.