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 422K to RM 566K, and a typical market range of RM 434K to RM 554K.

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

For price per square foot, the median is RM 113, with most transactions between RM 104 and RM 122. The usual range is RM 71.25 to RM 153.75, showing that most units are priced quite close to each other. With an IQR of RM 82.50 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

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.