TAMAN NAM YANG

TAMAN NAM YANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 263.

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 430K, with most transactions falling within a stable range of RM 400K to RM 460K, and a typical market range of RM 400K to RM 460K.

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 263, with most transactions between RM 246 and RM 279. The usual range is RM 240.75 to RM 284.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 17 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.