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

TAMAN PUNCAK BERTAM (MALIM HILL PARK)

Area Intelligence

2023

Median Price

RM 804,000

PSF: RM 191

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Residential PSF Trends

Median Price

RM 804,000

PSF: RM 191

TAMAN PUNCAK BERTAM (MALIM HILL PARK) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 804K and a median price per square foot (PSF) of RM 191.

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 804K, with most transactions falling within a stable range of RM 608K to RM 1.00 million, and a typical market range of RM 711K to RM 898K.

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 191, with most transactions between RM 190 and RM 191. The usual range is RM 140.50 to RM 240.50, showing that most units are priced quite close to each other. With an IQR of RM 100.00 and MAD of RM 1, 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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