TAMAN SUTERA WANGI in Melaka Tengah, Melaka recorded 28 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 181.
This area contains both residential and commercial properties. View 71 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 175K to RM 395K, and a typical market range of RM 177K to RM 394K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 181, though individual units vary from RM 129 to RM 233 in the core range. The broader market spans RM 131.50 to RM 230.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
