Melaka
Melaka Tengah
Bertam
TAMAN PUNCAK BERTAM (MALIM HILL PARK)

TAMAN PUNCAK BERTAM (MALIM HILL PARK)

Area Intelligence

2022

Median Price

RM 595,000

PSF: RM 308

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Residential PSF Trends

Median Price

RM 595,000

PSF: RM 308

TAMAN PUNCAK BERTAM (MALIM HILL PARK) in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, with a median price of RM 595K and a median price per square foot (PSF) of RM 308.

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 595K, with most transactions falling within a stable range of RM 570K to RM 498K, and a typical market range of RM 502K to RM 498K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 308, with most transactions between RM 305 and RM 311. The usual range is RM 257.50 to RM 357.50, showing that most units are priced quite close to each other. With an IQR of RM 100.00 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN PUNCAK BERTAM (MALIM HILL PARK), Melaka Tengah, Melaka

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