Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA SYAHBANDAR

TAMAN KOTA SYAHBANDAR

Area Intelligence

2023

Median Price

RM 838,000

PSF: RM 499

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Residential PSF Trends

Median Price

RM 838,000

PSF: RM 499

Commercial PSF Trends

Median Price

RM 778,000

RM 491 PSF

TAMAN KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 838K 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 838K, with most transactions falling within a stable range of RM 829K to RM 750K, and a typical market range of RM 743K to RM 750K.

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 481 and RM 517. 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 18, 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.

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TAMAN KOTA SYAHBANDAR, Melaka Tengah, Melaka

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