TMN PADANG TEMU PERMATA

TMN PADANG TEMU PERMATA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 514K and a median price per square foot (PSF) of RM 129.

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 514K, with most transactions falling within a stable range of RM 380K to RM 648K, and a typical market range of RM 403K to RM 626K.

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

The median PSF stands at RM 129, with core pricing between RM 108 and RM 150. Market pricing typically extends from RM 110.88 to RM 147.13, reflecting moderate variation in unit pricing. The spread of RM 36.25 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.