TAMAN SERI SERINDIT in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 116.
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 150K, with most transactions falling within a stable range of RM 60K to RM 240K, and a typical market range of RM 43K to RM 258K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 116, with core pricing between RM 102 and RM 130. Market pricing typically extends from RM 103.50 to RM 128.50, reflecting moderate variation in unit pricing. With an IQR of RM 25.00 and MAD of RM 14, 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.
