TG SAMUDERA CONDOMINIUM BEACH RESORT in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 253K and a median price per square foot (PSF) of RM 192.
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 253K, with most transactions falling within a stable range of RM 213K to RM 293K, and a typical market range of RM 210K to RM 295K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 192, with most transactions between RM 177 and RM 207. The usual range is RM 177.50 to RM 206.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
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.