TAMAN BKT KATIL PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 125K and a median price per square foot (PSF) of RM 198.
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 125K, with most transactions falling within a stable range of RM 115K to RM 135K, and a typical market range of RM 115K to RM 135K.
Most transactions involved town house, though some variety exists in the market.
For price per square foot, the median is RM 198, with most transactions between RM 182 and RM 214. The usual range is RM 173.50 to RM 222.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.
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.
