| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 12
|
RM 230,000
|
RM 191
|
1,206 sqft
|
|
|
Lorong 8
|
RM 183,000
|
RM 141
|
1,302 sqft
|
|
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Batu Berendam, Malacca, Malaysia
MapsTaman Bkt Puteri in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 207K and a median price per square foot (PSF) of RM 166.
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 207K, with most transactions falling within a stable range of RM 183K to RM 230K, and a typical market range of RM 183K to RM 230K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 166, with core pricing between RM 141 and RM 191. Market pricing typically extends from RM 141.14 to RM 190.14, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 25 (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.