TAMAN BKT LARANG INDAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 310K and a median price per square foot (PSF) of RM 145.
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 310K, with most transactions falling within a stable range of RM 420K to RM 328K, and a typical market range of RM 420K to RM 410K.
Most transactions involved low-cost house, with moderate diversity in property types available.
For price per square foot, the median is RM 145, with most transactions between RM 143 and RM 147. The usual range is RM 119.00 to RM 170.00, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.
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.
