TAMAN DATOK TAMBY CHIK KARIM

TAMAN DATOK TAMBY CHIK KARIM in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 240.

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 230K, with most transactions falling within a stable range of RM 199K to RM 261K, and a typical market range of RM 191K to RM 269K.

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

The median PSF stands at RM 240, with core pricing between RM 207 and RM 273. Market pricing typically extends from RM 212.75 to RM 267.25, reflecting moderate variation in unit pricing. With an IQR of RM 54.50 and MAD of RM 33, 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.