TMN SAUJANA SEKSYEN 2 (TMN SETIA)

TMN SAUJANA SEKSYEN 2 (TMN SETIA) in Melaka Tengah, Melaka recorded 16 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 191.

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 270K, with most transactions falling within a stable range of RM 80K to RM 933K, and a typical market range of RM 130K to RM 410K.

Most transactions involved town house, with high diversity across multiple property types.

Price per square foot shows a median of RM 191, though individual units vary from RM 141 to RM 240 in the core range. The broader market spans RM 159.50 to RM 221.50, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 50) indicate significant PSF variations, likely due to diverse property types or conditions.

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.