| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ujong Pasir
|
RM 400,000
|
RM 249
|
1,604 sqft
|
|
|
Jalan Ujong Pasir
|
RM 450,000
|
RM 275
|
1,636 sqft
|
|
|
Jalan Lorong Dua
|
RM 545,000
|
RM 280
|
1,948 sqft
|
|
|
Jalan Taman Nam Yang
|
RM 900,000
|
RM 154
|
5,845 sqft
|
|
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Market Snapshot
ResidentialRM 497,500
RM 262 psfMedian transaction price
Taman Nam Yang, 75050 Melaka, Malaysia
MapsTaman Nam Yang in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 498K and a median price per square foot (PSF) of RM 262.
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 498K, with most transactions falling within a stable range of RM 400K to RM 693K, and a typical market range of RM 421K to RM 574K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 262, with core pricing between RM 211 and RM 313. Market pricing typically extends from RM 241.72 to RM 282.72, reflecting moderate variation in unit pricing. The spread of RM 41.00 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.