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Market Snapshot
ResidentialRM 315,000
RM 156 psfMedian transaction price
Taman Seri Duyong, 75460 Ayer Molek, Melaka, Malaysia
MapsTaman Seri Duyong Sek 1 in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 315K and a median price per square foot (PSF) of RM 155.
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 315K, with most transactions falling within a stable range of RM 290K to RM 340K, and a typical market range of RM 289K to RM 341K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 155, with core pricing between RM 136 and RM 174. Market pricing typically extends from RM 142.50 to RM 167.50, reflecting moderate variation in unit pricing. With an IQR of RM 25.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.