TAMAN KERIS MAS (SUNGAIUDANG)

TAMAN KERIS MAS (SUNGAIUDANG) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 128.

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 160K, with most transactions falling within a stable range of RM 140K to RM 227K, and a typical market range of RM 140K to RM 204K.

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

Price per square foot shows a median of RM 128, though individual units vary from RM 93 to RM 163 in the core range. The broader market spans RM 103.25 to RM 152.75, indicating diverse property characteristics. A wider spread (IQR: RM 49.50) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.

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.