TAMAN SAUJANA INDAH in Melaka Tengah, Melaka recorded 10 subsale transactions in 2021, with a median price of RM 315K and a median price per square foot (PSF) of RM 173.
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 315K, with most transactions falling within a stable range of RM 245K to RM 385K, and a typical market range of RM 234K to RM 396K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 173, with core pricing between RM 142 and RM 204. Market pricing typically extends from RM 143.00 to RM 202.00, 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.
