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.

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 238, with most transactions between RM 238 and RM 238. The usual range is RM 188.50 to RM 287.50, showing that most units are priced quite close to each other. With an IQR of RM 99.00 and MAD of RM 0, 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. 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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