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87, Jalan Solok Bkt Sebukor, Taman Sentosa, 75150 Melaka, Malaysia
MapsTropicana Residences in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 435K and a median price per square foot (PSF) of RM 393.
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 435K, with most transactions falling within a stable range of RM 400K to RM 470K, and a typical market range of RM 401K to RM 469K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 393, with core pricing between RM 338 and RM 448. Market pricing typically extends from RM 346.36 to RM 439.86, reflecting moderate variation in unit pricing. With an IQR of RM 93.50 and MAD of RM 55, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.