Taman Kasturi Fasa 1 & 2

Taman Kasturi, 75050 Melaka, Malaysia

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Taman Kasturi Fasa 1 & 2 in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 578K and a median price per square foot (PSF) of RM 359.

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 578K, with most transactions falling within a stable range of RM 453K to RM 703K, and a typical market range of RM 478K to RM 677K.

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 359, with most transactions between RM 333 and RM 386. The usual range is RM 338.63 to RM 379.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.75 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.

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.