TAMAN BKT KATIL PERMAI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 134K and a median price per square foot (PSF) of RM 214.
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 134K, with most transactions falling within a stable range of RM 108K to RM 150K, and a typical market range of RM 124K to RM 144K.
Most transactions involved town house, though some variety exists in the market.
The median PSF stands at RM 214, with core pricing between RM 173 and RM 254. Market pricing typically extends from RM 189.00 to RM 238.00, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 41 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
