TMN SERI MAWAR (PANDAN MAWAR)

TMN SERI MAWAR (PANDAN MAWAR) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 378K and a median price per square foot (PSF) of RM 246.

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

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

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 246, with most transactions between RM 246 and RM 246. The usual range is RM 227.00 to RM 265.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.