|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 2
|
RM 150,000
|
RM 253
|
592 sqft
|
|
Flat |
| 2021 | |||||
|
Level 5
|
RM 110,000
|
RM 186
|
592 sqft
|
|
LC Flat |
|
Level 7
|
RM 230,000
|
RM 204
|
1,130 sqft
|
|
Condo |
|
Level 1
|
RM 120,000
|
RM 219
|
549 sqft
|
|
Condo |
|
Level 2
|
RM 120,000
|
RM 199
|
603 sqft
|
|
Condo |
|
Level 6
|
RM 320,000
|
RM 327
|
980 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 172,500
RM 228 psfMedian transaction price
9, Jln Merdeka, Hatten City, 75000 Melaka, Malaysia
MapsGarden City in Melaka Tengah, Melaka recorded 56 subsale transactions between 2021 and 2026, with a median price of RM 173K and a median price per square foot (PSF) of RM 235.
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 173K, with most transactions falling within a stable range of RM 135K to RM 210K, and a typical market range of RM 136K to RM 209K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 235, with core pricing between RM 211 and RM 259. Market pricing typically extends from RM 203.81 to RM 265.81, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 24, 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. Moderate transaction volume may require patience when buying or selling.