TAMAN MGBM

TAMAN MGBM in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 384K and a median price per square foot (PSF) of RM 179.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 384K, with most transactions falling within a stable range of RM 321K to RM 448K, and a typical market range of RM 325K to RM 443K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 179, though individual units vary from RM 127 to RM 230 in the core range. The broader market spans RM 118.50 to RM 238.50, indicating diverse property characteristics. A wider spread (IQR: RM 120.00) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.