TAMAN LIMBONGAN INDAH in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 840K and a median price per square foot (PSF) of RM 367.
This area contains both residential and commercial properties. View 9 residential properties or 8 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 840K, with most transactions falling within a stable range of RM 730K to RM 950K, and a typical market range of RM 745K to RM 935K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 367, though individual units vary from RM 264 to RM 470 in the core range. The broader market spans RM 290.50 to RM 443.50, indicating diverse property characteristics. A wider spread (IQR: RM 153.00) and deviation (MAD: RM 103) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
