Melaka
Melaka Tengah
Bt Berendam
TAMAN SUTERA WANGI

TAMAN SUTERA WANGI

Area Intelligence

2024

Median Price

RM 399,000

PSF: RM 238

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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 811K to RM 409K, and a typical market range of RM 811K to RM 508K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 238, with core pricing between RM 201 and RM 276. Market pricing typically extends from RM 188.50 to RM 287.50, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 38 (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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