Melaka
Melaka Tengah
Duyong
TAMAN SERI DUYONG SEK 1

TAMAN SERI DUYONG SEK 1

Area Intelligence

2023

Median Price

RM 268,000

PSF: RM 174

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Residential PSF Trends

Median Price

RM 268,000

PSF: RM 174

TAMAN SERI DUYONG SEK 1 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, priced up to RM 300K, with a median price of RM 268K and a median price per square foot (PSF) of RM 174.

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 268K, with most transactions falling within a stable range of RM 223K to RM 278K, and a typical market range of RM 240K to RM 278K.

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 174, with most transactions between RM 159 and RM 189. The usual range is RM 160.86 to RM 187.36, 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 15 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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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