TAMAN KERIS MAS (SUNGAIUDANG)

TAMAN KERIS MAS (SUNGAIUDANG) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 162.

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 250K, with most transactions falling within a stable range of RM 220K to RM 280K, and a typical market range of RM 208K to RM 293K.

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

The median PSF stands at RM 162, with core pricing between RM 136 and RM 188. Market pricing typically extends from RM 138.00 to RM 186.00, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.