| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 105,000
|
RM 177
|
592 sqft
|
|
|
|
Level 2
|
RM 120,000
|
RM 203
|
592 sqft
|
|
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Market Snapshot
ResidentialRM 120,000
RM 203 psfMedian transaction price
9, Jln Merdeka, Hatten City, 75000 Melaka, Malaysia
MapsGarden City in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 120K and a median price per square foot (PSF) of RM 203.
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 120K, with most transactions falling within a stable range of RM 105K to RM 164K, and a typical market range of RM 105K to RM 157K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 203, with most transactions between RM 189 and RM 217. The usual range is RM 171.70 to RM 233.70, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.
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.