TAMAN PASIR MAS

TAMAN PASIR MAS in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 494K and a median price per square foot (PSF) of RM 113.

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 494K, with most transactions falling within a stable range of RM 370K to RM 646K, and a typical market range of RM 434K to RM 554K.

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

Price per square foot shows a median of RM 113, though individual units vary from RM 67 to RM 158 in the core range. The broader market spans RM 71.25 to RM 153.75, indicating diverse property characteristics. A wider spread (IQR: RM 82.50) and deviation (MAD: RM 46) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.