TAMAN DATOK TAMBY CHIK KARIM

TAMAN DATOK TAMBY CHIK KARIM in Melaka Tengah, Melaka recorded 15 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 235.

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 240K, with most transactions falling within a stable range of RM 192K to RM 288K, and a typical market range of RM 203K to RM 278K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 235, with core pricing between RM 189 and RM 281. Market pricing typically extends from RM 209.00 to RM 261.00, reflecting moderate variation in unit pricing. The spread of RM 52.00 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

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.