TAMAN SAUJANA INDAH in Melaka Tengah, Melaka recorded 17 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 194.
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 355K, with most transactions falling within a stable range of RM 285K to RM 425K, and a typical market range of RM 274K to RM 436K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 194, with core pricing between RM 163 and RM 225. Market pricing typically extends from RM 164.50 to RM 223.50, reflecting moderate variation in unit pricing. The spread of RM 59.00 (IQR) and deviation of RM 31 (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.
