| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 105,000
|
RM 177
|
592 sqft
|
|
|
|
Level 2
|
RM 120,000
|
RM 203
|
592 sqft
|
|
|
|
Level 3
|
RM 140,000
|
RM 236
|
592 sqft
|
|
|
|
Level 5
|
RM 160,000
|
RM 275
|
581 sqft
|
|
|
|
Level 1
|
RM 220,000
|
RM 372
|
592 sqft
|
|
|
|
Level 2
|
RM 150,000
|
RM 253
|
592 sqft
|
|
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Market Snapshot
ResidentialRM 145,000
RM 245 psfMedian transaction price
9, Jln Merdeka, Hatten City, 75000 Melaka, Malaysia
MapsGarden City in Melaka Tengah, Melaka recorded 6 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 145K and a median price per square foot (PSF) of RM 245.
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 145K, with most transactions falling within a stable range of RM 108K to RM 182K, and a typical market range of RM 108K to RM 182K.
Within the Flat category, condominium/apartment dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 245, though individual units vary from RM 183 to RM 307 in the core range. The broader market spans RM 213.92 to RM 275.92, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 62) 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.