TAMAN TENGKERA

TAMAN TENGKERA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 205.

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 280K, with most transactions falling within a stable range of RM 271K to RM 280K, and a typical market range of RM 260K to RM 280K.

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 205, though individual units vary from RM 146 to RM 264 in the core range. The broader market spans RM 120.25 to RM 289.75, indicating diverse property characteristics. A wider spread (IQR: RM 169.50) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.

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.