Melaka
Melaka Tengah
Bdr Melaka
TAMAN ABU BAKAR

TAMAN ABU BAKAR

Area Intelligence

2023

Median Price

RM 622,000

PSF: RM 253

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TAMAN ABU BAKAR in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 622K and a median price per square foot (PSF) of RM 253.

This area contains both residential and commercial properties. View 1 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 253, with most transactions between RM 253 and RM 253. The usual range is RM 103.95 to RM 402.95, showing that most units are priced quite close to each other. With an IQR of RM 299.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ABU BAKAR, Melaka Tengah, Melaka

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