TAMAN PUNCAK BERTAM (MALIM HILL PARK)

TAMAN PUNCAK BERTAM (MALIM HILL PARK) in Melaka Tengah, Melaka recorded 9 subsale transactions in 2021, with a median price of RM 600K and a median price per square foot (PSF) of RM 250.

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 600K, with most transactions falling within a stable range of RM 432K to RM 768K, and a typical market range of RM 507K to RM 694K.

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

Price per square foot shows a median of RM 250, though individual units vary from RM 188 to RM 312 in the core range. The broader market spans RM 200.00 to RM 300.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 62 (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.