RUM AWAM KANDANG (TAMAN SERI KANDANG)

RUM AWAM KANDANG (TAMAN SERI KANDANG) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 113K and a median price per square foot (PSF) of RM 113.

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 113K, with most transactions falling within a stable range of RM 100K to RM 131K, and a typical market range of RM 101K to RM 124K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 113, with core pricing between RM 94 and RM 131. Market pricing typically extends from RM 101.75 to RM 123.25, reflecting moderate variation in unit pricing. The spread of RM 21.50 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

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.