|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 5
|
RM 200,000
|
RM 277
|
721 sqft
|
|
Condo |
|
Level 7
|
RM 160,000
|
RM 222
|
721 sqft
|
|
Condo |
|
Level 4
|
RM 200,000
|
RM 277
|
721 sqft
|
|
Condo |
|
Level 8
|
RM 175,000
|
RM 243
|
721 sqft
|
|
Condo |
|
Level 7
|
RM 130,000
|
RM 180
|
721 sqft
|
|
Condo |
|
Level 2
|
RM 200,000
|
RM 277
|
721 sqft
|
|
Condo |
| 2023 | |||||
|
Level 2
|
RM 175,000
|
RM 243
|
721 sqft
|
|
Condo |
|
Level 7
|
RM 150,000
|
RM 208
|
721 sqft
|
|
Condo |
|
Level 7
|
RM 220,000
|
RM 305
|
721 sqft
|
|
Condo |
|
Level 8
|
RM 180,000
|
RM 250
|
721 sqft
|
|
Condo |
|
Level 4
|
RM 200,000
|
RM 277
|
721 sqft
|
|
Condo |
| 2022 | |||||
|
Level 7
|
RM 155,000
|
RM 215
|
721 sqft
|
|
Condo |
|
Level 7
|
RM 160,000
|
RM 222
|
721 sqft
|
|
Condo |
|
Level 2
|
RM 190,000
|
RM 263
|
721 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 177,500
RM 246 psfMedian transaction price
9, Jln Merdeka, Hatten City, 75000 Melaka, Malaysia
MapsGarden City in Melaka Tengah, Melaka recorded 14 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 178K and a median price per square foot (PSF) of RM 246.
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 178K, with most transactions falling within a stable range of RM 153K to RM 202K, and a typical market range of RM 141K to RM 214K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 246, with core pricing between RM 213 and RM 280. Market pricing typically extends from RM 215.12 to RM 277.12, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 33, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.