Melaka
Melaka Tengah
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TAMAN SUTERA WANGI

TAMAN SUTERA WANGI

Area Intelligence

2022

Median Price

RM 120,000

PSF: RM 164

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Residential PSF Trends

Median Price

RM 120,000

PSF: RM 164

Commercial PSF Trends

Median Price

RM 837,000

RM 382 PSF

TAMAN SUTERA WANGI in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 164.

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 120K, with most transactions falling within a stable range of RM 95K to RM 130K, and a typical market range of RM 60K to RM 130K.

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

The median PSF stands at RM 164, with core pricing between RM 132 and RM 196. Market pricing typically extends from RM 114.50 to RM 213.50, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 32 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUTERA WANGI, Melaka Tengah, Melaka

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Transactions

7 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

650 sqft

Low-Cost Flat

650 sqft

Low-Cost Flat

RM 80,000

Level 3

646 sqft · RM 124 PSF

Nov 2022

RM 60,000

Level 5

646 sqft · RM 93 PSF

Nov 2022

Level 3	RM 80,000	RM 124	646 sqft	Nov 2022
Level 5	RM 60,000	RM 93	646 sqft	Nov 2022

700 sqft

Low-Cost Flat

700 sqft

Low-Cost Flat

RM 130,000

Level 4

700 sqft · RM 186 PSF

Dec 2022

RM 120,000

Level 6

700 sqft · RM 171 PSF

Sep 2022

RM 110,000

Level 4

700 sqft · RM 157 PSF

Mar 2022

RM 130,000

Level 7

700 sqft · RM 186 PSF

Mar 2022

Level 4	RM 130,000	RM 186	700 sqft	Dec 2022
Level 6	RM 120,000	RM 171	700 sqft	Sep 2022
Level 4	RM 110,000	RM 157	700 sqft	Mar 2022
Level 7	RM 130,000	RM 186	700 sqft	Mar 2022