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Market Snapshot
ResidentialRM 200,000
RM 130 psfMedian transaction price
Taman Seri Tanjung, 76400 Tanjung Kling, Melaka, Malaysia
MapsTaman Seri Tanjung in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 270K and a median price per square foot (PSF) of RM 123.
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 270K, with most transactions falling within a stable range of RM 170K to RM 370K, and a typical market range of RM 161K to RM 379K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 123, though individual units vary from RM 95 to RM 151 in the core range. The broader market spans RM 102.13 to RM 143.88, indicating diverse property characteristics. The spread of RM 41.75 (IQR) and deviation of RM 28 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.