TAMAN SUTERA WANGI

Area Intelligence
2023
Median Price
RM 388,000
PSF: RM 109

Residential PSF Trends

Median Price

RM 388,000

PSF: RM 109

Commercial PSF Trends

Median Price

RM 837,000

RM 382 PSF

TAMAN SUTERA WANGI in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 388K and a median price per square foot (PSF) of RM 109.

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 388K, with most transactions falling within a stable range of RM 350K to RM 538K, and a typical market range of RM 350K to RM 497K.

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 109, though individual units vary from RM 75 to RM 143 in the core range. The broader market spans RM 59.50 to RM 158.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 34) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUTERA WANGI, Melaka Tengah, Melaka

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Transactions

5 transactions grouped by size

3,250 sqft
Double Storey Terraced
RM 350,000
JALAN SW 23
3,240 sqft · RM 108 PSF
3,550 sqft
Single Storey Semi-D
RM 388,000
JALAN SW 15
3,552 sqft · RM 109 PSF
3,600 sqft
Single Storey Semi-D
RM 425,000
JALAN SW 15
3,584 sqft · RM 119 PSF
4,000 sqft
RM 750,000
JALAN SW
4,004 sqft · RM 187 PSF
RM 360,000
JALAN SW 26
4,004 sqft · RM 90 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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