| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 105,000
|
RM 177
|
592 sqft
|
|
Flat |
|
Level 2
|
RM 120,000
|
RM 203
|
592 sqft
|
|
Flat |
|
Level 3
|
RM 140,000
|
RM 236
|
592 sqft
|
|
Flat |
|
Level 5
|
RM 160,000
|
RM 275
|
581 sqft
|
|
Flat |
|
Level 4
|
RM 100,000
|
RM 169
|
592 sqft
|
|
Condo |
|
Level 1
|
RM 235,000
|
RM 390
|
603 sqft
|
|
Condo |
|
Level 5
|
RM 200,000
|
RM 277
|
721 sqft
|
|
|
|
Level 7
|
RM 160,000
|
RM 222
|
721 sqft
|
|
|
|
Level 4
|
RM 200,000
|
RM 277
|
721 sqft
|
|
|
|
Level 8
|
RM 175,000
|
RM 243
|
721 sqft
|
|
|
Level 6
|
RM 205,000
|
RM 209
|
980 sqft
|
|
|
|
Level 6
|
RM 170,000
|
RM 174
|
980 sqft
|
|
|
|
Level 12
|
RM 170,000
|
RM 174
|
980 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 222 psfMedian transaction price
9, Jln Merdeka, Hatten City, 75000 Melaka, Malaysia
MapsGarden City in Melaka Tengah, Melaka recorded 15 subsale transactions between 2021 and 2026, with a median price of RM 160K and a median price per square foot (PSF) of RM 222.
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 160K, with most transactions falling within a stable range of RM 122K to RM 198K, and a typical market range of RM 123K to RM 197K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 222, though individual units vary from RM 163 to RM 281 in the core range. The broader market spans RM 190.86 to RM 252.86, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.