TAMAN NAM SENG in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 285K and a median price per square foot (PSF) of RM 175.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 255K to RM 315K, and a typical market range of RM 254K to RM 316K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 175, with core pricing between RM 155 and RM 195. Market pricing typically extends from RM 159.00 to RM 191.00, reflecting moderate variation in unit pricing. With an IQR of RM 32.00 and MAD of RM 20, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.