TAMAN PUNCAK BERTAM (MALIM HILL PARK)

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 448K to RM 793K, and a typical market range of RM 502K to RM 689K.

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 308, though individual units vary from RM 231 to RM 384 in the core range. The broader market spans RM 257.50 to RM 357.50, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 76 (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.