Melaka
Melaka Tengah
Duyong
TAMAN SERI DUYONG SEK 1

TAMAN SERI DUYONG SEK 1

Area Intelligence

2022

Median Price

RM 260,000

PSF: RM 111

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Residential PSF Trends

Median Price

RM 260,000

PSF: RM 111

TAMAN SERI DUYONG SEK 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 260K and a median price per square foot (PSF) of RM 111.

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 260K, with most transactions falling within a stable range of RM 146K to RM 374K, and a typical market range of RM 232K to RM 289K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 111, with most transactions between RM 105 and RM 117. The usual range is RM 98.01 to RM 124.51, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.50 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.

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TAMAN SERI DUYONG SEK 1, Melaka Tengah, Melaka

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