TAMAN BKT LARANG INDAH

TAMAN BKT LARANG INDAH in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 180K and a median price per square foot (PSF) of RM 146.

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 180K, with most transactions falling within a stable range of RM 130K to RM 274K, and a typical market range of RM 130K to RM 280K.

Most transactions involved low-cost house, with moderate diversity in property types available.

Price per square foot shows a median of RM 146, though individual units vary from RM 102 to RM 190 in the core range. The broader market spans RM 120.74 to RM 171.74, indicating diverse property characteristics. A wider spread (IQR: RM 51.00) and deviation (MAD: RM 44) indicate significant PSF variations, likely due to diverse property types or conditions.

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.