Melaka
Melaka Tengah
Pernu
TAMAN SRI TELOK MAS

TAMAN SRI TELOK MAS

Area Intelligence

2023

Median Price

RM 300,000

PSF: RM 75

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TAMAN SRI TELOK MAS in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, priced up to RM 300K, with a median price of RM 300K and a median price per square foot (PSF) of RM 75.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 75, with most transactions between RM 75 and RM 75. The usual range is RM 52.05 to RM 97.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.75 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.

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TAMAN SRI TELOK MAS, Melaka Tengah, Melaka

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