TMN GADONG UTAMA(BERTAM PERDANA)

TMN GADONG UTAMA(BERTAM PERDANA) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 188.

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 288K, with most transactions falling within a stable range of RM 250K to RM 326K, and a typical market range of RM 240K to RM 350K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 188, with core pricing between RM 157 and RM 219. Market pricing typically extends from RM 155.13 to RM 220.88, reflecting moderate variation in unit pricing. The spread of RM 65.75 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.

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.