TAMAN NAM SENG

TAMAN NAM SENG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 176.

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 250K, with most transactions falling within a stable range of RM 151K to RM 250K, and a typical market range of RM 219K to RM 250K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 176, with core pricing between RM 152 and RM 200. Market pricing typically extends from RM 160.00 to RM 192.00, reflecting moderate variation in unit pricing. With an IQR of RM 32.00 and MAD of RM 24, 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.