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Market Snapshot
ResidentialRM 162,500
RM 206 psfMedian transaction price
9, Jln Merdeka, Hatten City, 75000 Melaka, Malaysia
MapsGarden City in Melaka Tengah, Melaka recorded 2 subsale transactions in 2025, with a median price of RM 163K and a median price per square foot (PSF) of RM 206.
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 163K, with most transactions falling within a stable range of RM 120K to RM 205K, and a typical market range of RM 126K to RM 199K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 206, with most transactions between RM 203 and RM 209. The usual range is RM 174.99 to RM 236.99, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 3, 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. Limited transaction history suggests carefully evaluating comparable sales data.