TAMAN PENGKALAN MINYAK UTAMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 190K and a median price per square foot (PSF) of RM 136.
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 190K, with most transactions falling within a stable range of RM 165K to RM 215K, and a typical market range of RM 176K to RM 204K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 136, with core pricing between RM 119 and RM 154. Market pricing typically extends from RM 126.25 to RM 145.75, reflecting moderate variation in unit pricing. With an IQR of RM 19.50 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.