TAMAN SUTERA WANGI

Area Intelligence
2024
Median Price
RM 399,000
PSF: RM 238

Residential PSF Trends

Median Price

RM 370,000

PSF: RM 221

Commercial PSF Trends

Median Price

RM 821,000

RM 420 PSF

TAMAN SUTERA WANGI in Melaka Tengah, Melaka recorded 10 subsale transactions in 2024, with a median price of RM 399K and a median price per square foot (PSF) of RM 238.

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 399K, with most transactions falling within a stable range of RM 289K to RM 509K, and a typical market range of RM 291K to RM 508K.

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 238, though individual units vary from RM 186 to RM 290 in the core range. The broader market spans RM 188.50 to RM 287.50, indicating diverse property characteristics. The spread of RM 99.00 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUTERA WANGI, Melaka Tengah, Melaka

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