TAMAN DATUK TAMBY CHIK KARIM FASA 2 & 3

TAMAN DATUK TAMBY CHIK KARIM FASA 2 & 3 in Melaka Tengah, Melaka recorded 4 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 220K to RM 313K, and a typical market range of RM 220K to RM 276K.

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

Price per square foot shows a median of RM 235, though individual units vary from RM 179 to RM 291 in the core range. The broader market spans RM 214.00 to RM 256.00, indicating diverse property characteristics. The spread of RM 42.00 (IQR) and deviation of RM 56 (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.