Posts about Taman Kesidang Sek 2
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Market Snapshot
ResidentialRM 147,500
RM 196 psfMedian transaction price
Jalan Taman Kesidang, Taman Kesidang Seksyen 2, Melaka, Malaysia
MapsTaman Kesidang Sek 2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 148K and a median price per square foot (PSF) of RM 196.
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 148K, with most transactions falling within a stable range of RM 145K to RM 150K, and a typical market range of RM 145K to RM 150K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 196, with most transactions between RM 192 and RM 199. The usual range is RM 163.26 to RM 228.26, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 3, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.