TAMAN PUNCAK BERTAM (MALIM HILL PARK)

TAMAN PUNCAK BERTAM (MALIM HILL PARK) in Melaka Tengah, Melaka recorded 14 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 320.

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 565K, with most transactions falling within a stable range of RM 433K to RM 700K, and a typical market range of RM 472K to RM 659K.

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 320, though individual units vary from RM 255 to RM 385 in the core range. The broader market spans RM 270.00 to RM 370.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 65 (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.