Melaka
Melaka Tengah
Bdr Melaka
TAMAN NAM SENG

TAMAN NAM SENG

Area Intelligence

2022

Median Price

RM 310,000

PSF: RM 199

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 199

TAMAN NAM SENG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 310K and a median price per square foot (PSF) of RM 199.

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 310K, with most transactions falling within a stable range of RM 280K to RM 340K, and a typical market range of RM 280K to RM 340K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 199, with most transactions between RM 196 and RM 202. The usual range is RM 183.00 to RM 215.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.

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TAMAN NAM SENG, Melaka Tengah, Melaka

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