TAMAN KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 838K and a median price per square foot (PSF) of RM 210.
This area contains both residential and commercial properties. View 18 residential properties or 15 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 838K, with most transactions falling within a stable range of RM 746K to RM 930K, and a typical market range of RM 743K to RM 933K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 210, though individual units vary from RM 158 to RM 262 in the core range. The broader market spans RM 175.24 to RM 244.24, indicating diverse property characteristics. The spread of RM 69.00 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
