TAMAN MGBM

Area Intelligence

2022

Median Price

RM 480,000

PSF: RM 189

TAMAN MGBM in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 480K and a median price per square foot (PSF) of RM 189.

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.

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

For price per square foot, the median is RM 189, with most transactions between RM 189 and RM 189. The usual range is RM 128.96 to RM 248.96, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN MGBM, Melaka Tengah, Melaka

OSM