TAMAN BKT KATIL HEIGHTS(TAMAN PUNCAK)

TAMAN BKT KATIL HEIGHTS(TAMAN PUNCAK) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 193.

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 270K, with most transactions falling within a stable range of RM 265K to RM 314K, and a typical market range of RM 265K to RM 313K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 193, with core pricing between RM 158 and RM 228. Market pricing typically extends from RM 177.38 to RM 208.63, reflecting moderate variation in unit pricing. The spread of RM 31.25 (IQR) and deviation of RM 35 (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.