Melaka
Melaka Tengah
Bdr Melaka
TAMAN NAM YANG

TAMAN NAM YANG

Area Intelligence

2024

Median Price

RM 525,000

PSF: RM 287

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Residential PSF Trends

Median Price

RM 525,000

PSF: RM 287

TAMAN NAM YANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 525K and a median price per square foot (PSF) of RM 287.

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 525K, with most transactions falling within a stable range of RM 460K to RM 590K, and a typical market range of RM 460K to RM 590K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 287, with most transactions between RM 281 and RM 293. The usual range is RM 267.00 to RM 307.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 6 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 YANG, Melaka Tengah, Melaka

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