Taman Anika

Melaka, Malaysia

Property Transactions

17 subsales grouped by size · LC Flat →

Median
RM 70,000
PSF
RM 123
Price Size
RM 57,000
Level 4
527 sqft · RM 108 PSF
RM 55,000
Level 5
527 sqft · RM 104 PSF
RM 55,000
Level 4
527 sqft · RM 104 PSF
RM 83,000
Level 3
527 sqft · RM 157 PSF
RM 60,000
Level 5
527 sqft · RM 114 PSF
RM 58,000
Level 3
527 sqft · RM 110 PSF
+10 more
800 sqft
LC Flat
RM 93,000
Level 4
818 sqft · RM 114 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 67,500

RM 121 psf

Median transaction price

High

Rental Yield Data

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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 94K, and a typical market range of RM 53K 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 77 to RM 169 in the core range. The broader market spans RM 99.24 to RM 147.24, indicating diverse property characteristics. A wider spread (IQR: RM 48.00) and deviation (MAD: RM 46) 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.