TAMAN SUTERA WANGI

TAMAN SUTERA WANGI in Melaka Tengah, Melaka recorded 16 subsale transactions in 2022, priced between RM 300K and RM 500K, with a median price of RM 408K and a median price per square foot (PSF) of RM 203.

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 408K, with most transactions falling within a stable range of RM 358K to RM 457K, and a typical market range of RM 304K to RM 470K.

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 203, though individual units vary from RM 141 to RM 265 in the core range. The broader market spans RM 153.57 to RM 252.57, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 62) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.