| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sb 1
|
RM 480,000
|
RM 253
|
1,894 sqft
|
|
|
|
Jalan Sb
|
RM 430,000
|
RM 227
|
1,894 sqft
|
|
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Taman Sutera Belia, 75350 Melaka, Malaysia
MapsTaman Sutera Belia in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 455K 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 455K, with most transactions falling within a stable range of RM 430K to RM 480K, and a typical market range of RM 430K to RM 480K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 240, with most transactions between RM 227 and RM 253. The usual range is RM 223.93 to RM 256.43, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.