|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Sw 9A
|
RM 270,000
|
RM 189
|
1,432 sqft
|
|
Terrace |
|
Lorong 1
|
RM 230,000
|
RM 161
|
1,432 sqft
|
|
Terrace |
|
Jalan Sw 9A
|
RM 240,000
|
RM 168
|
1,432 sqft
|
|
Terrace |
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Market Snapshot
RM 240,000
RM 168 psfMedian transaction price
RM 837,000
RM 382 psfMedian transaction price
Taman Sutera Wangi, 75350 Melaka, Malaysia
MapsTaman Sutera Wangi in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM 240K and a median price per square foot (PSF) of RM 168.
This area contains both residential and commercial properties. View 73 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 240K, with most transactions falling within a stable range of RM 230K to RM 257K, and a typical market range of RM 230K to RM 270K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 168, with most transactions between RM 156 and RM 180. The usual range is RM 118.14 to RM 217.14, showing that most units are priced quite close to each other. With an IQR of RM 99.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.
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.