TMN BUNGA RAYA

TMN BUNGA RAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 240.

This area contains both residential and commercial properties. View 34 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 263K to RM 377K, and a typical market range of RM 275K to RM 365K.

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

The median PSF stands at RM 240, with core pricing between RM 201 and RM 279. Market pricing typically extends from RM 221.00 to RM 259.00, reflecting moderate variation in unit pricing. The spread of RM 38.00 (IQR) and deviation of RM 39 (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.