TAMAN TENGKERA JAYA FASA 1(R P TAMAN SIANTAN

TAMAN TENGKERA JAYA FASA 1(R P TAMAN SIANTAN in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 217.

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 165K, with most transactions falling within a stable range of RM 141K to RM 170K, and a typical market range of RM 132K to RM 170K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 217, with core pricing between RM 174 and RM 259. Market pricing typically extends from RM 185.50 to RM 247.50, reflecting moderate variation in unit pricing. The spread of RM 62.00 (IQR) and deviation of RM 43 (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.