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Klebang, Malacca, Malaysia
MapsTaman May Fair in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 620K and a median price per square foot (PSF) of RM 226.
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 620K, with most transactions falling within a stable range of RM 500K to RM 740K, and a typical market range of RM 545K to RM 695K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 226, with most transactions between RM 219 and RM 233. The usual range is RM 214.75 to RM 237.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.50 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.