Melaka
Melaka Tengah
Balai Panjang
TAMAN GADONG BAHAGIA

TAMAN GADONG BAHAGIA

Area Intelligence

2024

Median Price

RM 530,000

PSF: RM 118

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Residential PSF Trends

Median Price

RM 530,000

PSF: RM 118

TAMAN GADONG BAHAGIA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, sized between 3,000 and 10,000 sqft, with a median price of RM 530K and a median price per square foot (PSF) of RM 118.

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 530K, with most transactions falling within a stable range of RM 476K to RM 582K, and a typical market range of RM 504K to RM 556K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 118, with most transactions between RM 108 and RM 128. The usual range is RM 104.56 to RM 132.31, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.75 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

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.

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TAMAN GADONG BAHAGIA, Melaka Tengah, Melaka

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