TAMAN SIANTAN SEKSYEN 2 in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 460K and a median price per square foot (PSF) of RM 112.
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 460K, with most transactions falling within a stable range of RM 358K to RM 562K, and a typical market range of RM 308K to RM 613K.
Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.
Price per square foot shows a median of RM 112, though individual units vary from RM 66 to RM 158 in the core range. The broader market spans RM 65.25 to RM 158.75, indicating diverse property characteristics. A wider spread (IQR: RM 93.50) and deviation (MAD: RM 46) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
