TAMAN TENGKERA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 338K and a median price per square foot (PSF) of RM 345.
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 338K, with most transactions falling within a stable range of RM 318K to RM 358K, and a typical market range of RM 286K to RM 391K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 345, though individual units vary from RM 269 to RM 421 in the core range. The broader market spans RM 260.25 to RM 429.75, indicating diverse property characteristics. The spread of RM 169.50 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
