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 192K to RM 300K, and a typical market range of RM 206K to RM 294K.

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 142 and RM 182. Market pricing typically extends from RM 137.25 to RM 186.75, reflecting moderate variation in unit pricing. With an IQR of RM 49.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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.