TAMAN NAM YANG

TAMAN NAM YANG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 590K and a median price per square foot (PSF) of RM 281.

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 590K, with most transactions falling within a stable range of RM 460K to RM 730K, and a typical market range of RM 507K to RM 673K.

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

The median PSF stands at RM 281, with core pricing between RM 249 and RM 313. Market pricing typically extends from RM 259.25 to RM 302.75, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 32, 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.