Taman Mgbm in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM384K and a median price per square foot (PSF) of RM189.

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 RM384K, with most transactions falling within a stable range of RM321K to RM448K, and a typical market range of RM325K to RM443K.

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

Price per square foot shows a median of RM189, though individual units vary from RM137 to RM240 in the core range. The broader market spans RM128.96 to RM248.96, indicating diverse property characteristics. A wider spread (IQR: RM120.00) and deviation (MAD: RM52) 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.