TAMAN SERI TANJUNG

TAMAN SERI TANJUNG in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 122.

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 370K, with most transactions falling within a stable range of RM 268K to RM 472K, and a typical market range of RM 261K to RM 479K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 122, with core pricing between RM 100 and RM 143. Market pricing typically extends from RM 100.63 to RM 142.38, reflecting moderate variation in unit pricing. The spread of RM 41.75 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.

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.