TAMAN GADONG UTAMA(BERTAM PERDANA) in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 235.
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 400K, with most transactions falling within a stable range of RM 311K to RM 490K, and a typical market range of RM 313K to RM 488K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 235, with core pricing between RM 198 and RM 273. Market pricing typically extends from RM 198.63 to RM 271.38, reflecting moderate variation in unit pricing. The spread of RM 72.75 (IQR) and deviation of RM 38 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.