GARDEN CITY

GARDEN CITY in Melaka Tengah, Melaka recorded 3 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 110K and a median price per square foot (PSF) of RM 186.

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 110K, with most transactions falling within a stable range of RM 91K to RM 120K, and a typical market range of RM 75K to RM 120K.

Within the Low-Cost Flat category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 186, with core pricing between RM 153 and RM 219. Market pricing typically extends from RM 152.50 to RM 219.50, reflecting moderate variation in unit pricing. The spread of RM 67.00 (IQR) and deviation of RM 33 (MAD) suggest moderate price variations reflecting different property features.

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.