TAMAN MAKMUR in Seremban, Negeri Sembilan recorded 8 subsale transactions in 2022, with a median price of RM 158K and a median price per square foot (PSF) of RM 143.
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 158K, with most transactions falling within a stable range of RM 42K to RM 274K, and a typical market range of RM 43K to RM 272K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 143, with core pricing between RM 117 and RM 169. Market pricing typically extends from RM 115.38 to RM 170.63, reflecting moderate variation in unit pricing. The spread of RM 55.25 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.
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.
