TAMAN SERI TELOK MAS

TAMAN SERI TELOK MAS in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, priced up to RM 500K, with a median price of RM 260K and a median price per square foot (PSF) of RM 173.

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 260K, with most transactions falling within a stable range of RM 187K to RM 333K, and a typical market range of RM 232K to RM 288K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 173, though individual units vary from RM 110 to RM 236 in the core range. The broader market spans RM 150.23 to RM 195.73, indicating diverse property characteristics. A wider spread (IQR: RM 45.50) and deviation (MAD: RM 63) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.