TAMAN KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 10 subsale transactions in 2024, with a median price of RM 850K and a median price per square foot (PSF) of RM 258.
This area contains both residential and commercial properties. View 18 residential properties or 15 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 850K, with most transactions falling within a stable range of RM 758K to RM 942K, and a typical market range of RM 755K to RM 945K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 258, though individual units vary from RM 206 to RM 310 in the core range. The broader market spans RM 223.56 to RM 292.56, indicating diverse property characteristics. The spread of RM 69.00 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
