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Market Snapshot
ResidentialRM 220,000
RM 183 psfMedian transaction price
6, Jalan SD 2/7, Taman Seri Duyong 2, 75460 Ayer Molek, Melaka, Malaysia
MapsTaman Duyong Indah in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 225K and a median price per square foot (PSF) of RM 169.
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 225K, with most transactions falling within a stable range of RM 107K to RM 343K, and a typical market range of RM 138K to RM 312K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 169, with core pricing between RM 139 and RM 200. Market pricing typically extends from RM 139.50 to RM 198.50, reflecting moderate variation in unit pricing. The spread of RM 59.00 (IQR) and deviation of RM 31 (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.