TAMAN ANIKA in Melaka Tengah, Melaka recorded 17 subsale transactions in 2023, with a median price of RM 70K and a median price per square foot (PSF) of RM 123.
This area contains both residential and commercial properties. View 46 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 70K, with most transactions falling within a stable range of RM 53K to RM 87K, and a typical market range of RM 52K to RM 88K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 123, though individual units vary from RM 95 to RM 151 in the core range. The broader market spans RM 99.00 to RM 147.00, indicating diverse property characteristics. The spread of RM 48.00 (IQR) and deviation of RM 28 (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.
