TAMAN SUTERA WANGI

TAMAN SUTERA WANGI in Melaka Tengah, Melaka recorded 24 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 263K and a median price per square foot (PSF) of RM 172.

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 263K, with most transactions falling within a stable range of RM 130K to RM 396K, and a typical market range of RM 155K to RM 372K.

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 172, though individual units vary from RM 102 to RM 241 in the core range. The broader market spans RM 122.01 to RM 221.01, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 70) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.