TAMAN KASTURI FASA 1 & 2 in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 800K and a median price per square foot (PSF) of RM 420.
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 800K, with most transactions falling within a stable range of RM 600K to RM 1.00 million, and a typical market range of RM 678K to RM 923K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 420, with most transactions between RM 391 and RM 449. The usual range is RM 393.50 to RM 446.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 29, 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.
