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 499.
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 840K to RM 700K, and a typical market range of RM 755K to RM 700K.
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 499, with most transactions between RM 490 and RM 509. The usual range is RM 464.50 to RM 533.50, showing that most units are priced quite close to each other. With an IQR of RM 69.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
