| 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 |
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Market Snapshot
ResidentialRM 140,000
RM 234 psfMedian transaction price
9, Jln Merdeka, Hatten City, 75000 Melaka, Malaysia
MapsGarden City in Melaka Tengah, Melaka recorded 18 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM 140K and a median price per square foot (PSF) of RM 234.
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 140K, with most transactions falling within a stable range of RM 100K to RM 180K, and a typical market range of RM 103K to RM 177K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 234, though individual units vary from RM 168 to RM 301 in the core range. The broader market spans RM 203.37 to RM 265.37, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 67) 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.