TMN SERI SONGKET(A) PEC.LOT 213 Property Investment Analysis

Bt Berendam, Melaka Tengah, Melaka

Median Price
RM 460,000
CAGR
+20.3%
Median PSF
RM 320.00
CAGR
-6.8%
Transactions
7
Period
2021-2024

TMN SERI SONGKET(A) PEC.LOT 213 in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 460K and a median price per square foot (PSF) of RM 320.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 460K, with most transactions falling within a stable range of RM 415K to RM 505K, and a typical market range of RM 360K to RM 560K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 320, with core pricing between RM 284 and RM 356. Market pricing typically extends from RM 279.50 to RM 360.50, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

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.

ADVANCED FILTERS

TRANSACTIONS

7 found
2 - 2 1/2 Storey Semi-Detached
JALAN TSS1
RM 800,000
PSF: RM 266.00
Area: 3,003 sqft
Date: Sep 2024
2 - 2 1/2 Storey Terraced
JLN TSS 6
RM 415,000
PSF: RM 347.00
Area: 1,195 sqft
Date: Nov 2023
2 - 2 1/2 Storey Terraced
JALAN TSS 5
RM 498,000
PSF: RM 356.00
Area: 1,399 sqft
Date: Jul 2023
2 - 2 1/2 Storey Semi-Detached
JLN TSS 3
RM 765,000
PSF: RM 248.00
Area: 3,089 sqft
Date: Jun 2023
2 - 2 1/2 Storey Terraced
JALAN TSS 5
RM 448,000
PSF: RM 320.00
Area: 1,399 sqft
Date: Jan 2023
1 - 1 1/2 Storey Terraced
JLN TSS 7
RM 250,000
PSF: RM 209.00
Area: 1,195 sqft
Date: Sep 2022
2 - 2 1/2 Storey Terraced
JLN TSS 8
RM 460,000
PSF: RM 329.00
Area: 1,399 sqft
Date: Nov 2021