TAMAN PANDAN INDAH

TAMAN PANDAN INDAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 160.

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 275K, with most transactions falling within a stable range of RM 150K to RM 400K, and a typical market range of RM 176K to RM 374K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 160, with core pricing between RM 136 and RM 184. Market pricing typically extends from RM 108.75 to RM 211.25, reflecting moderate variation in unit pricing. With an IQR of RM 102.50 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.