TAMAN SERI TELOK MAS in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 191.
This area contains both residential and commercial properties. View 31 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 258K to RM 313K, and a typical market range of RM 257K to RM 313K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 191, with core pricing between RM 165 and RM 217. Market pricing typically extends from RM 167.75 to RM 213.25, reflecting moderate variation in unit pricing. With an IQR of RM 45.50 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.
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.
