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Market Snapshot
ResidentialRM 455,000
RM 234 psfMedian transaction price
Jalan Sinn, Taman Sinn, 75050 Melaka, Malaysia
MapsTaman Sinn 6 & 7 in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 455K and a median price per square foot (PSF) of RM 234.
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 455K, with most transactions falling within a stable range of RM 390K to RM 520K, and a typical market range of RM 257K to RM 654K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 234, with core pricing between RM 204 and RM 264. Market pricing typically extends from RM 207.75 to RM 260.25, reflecting moderate variation in unit pricing. With an IQR of RM 52.50 and MAD of RM 30, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.