|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan BP 3
|
RM 320,000
|
RM 268
|
1,195 sqft
|
|
Terrace |
| 2023 | |||||
|
Jalan BP 5
|
RM 235,000
|
RM 197
|
1,195 sqft
|
|
Terrace |
|
Jalan BP 5
|
RM 220,000
|
RM 182
|
1,206 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 235,000
RM 197 psfMedian transaction price
Jln Bertam Perdana, 75260 Melaka, Malaysia
MapsTaman Gadong Utama(Bertam Perdana) in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM 235K and a median price per square foot (PSF) of RM 197.
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 235K, with most transactions falling within a stable range of RM 220K to RM 279K, and a typical market range of RM 220K to RM 320K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 197, with core pricing between RM 159 and RM 234. Market pricing typically extends from RM 160.32 to RM 233.07, reflecting moderate variation in unit pricing. The spread of RM 72.75 (IQR) and deviation of RM 37 (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.