TAMAN SAUJANA INDAH in Melaka Tengah, Melaka recorded 35 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 177.
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 350K, with most transactions falling within a stable range of RM 280K to RM 420K, and a typical market range of RM 269K to RM 431K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 177, with core pricing between RM 146 and RM 208. Market pricing typically extends from RM 147.50 to RM 206.50, 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. Moderate transaction volume may require patience when buying or selling.
