| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 135,000
|
RM 174
|
775 sqft
|
|
|
|
Level 2
|
RM 160,000
|
RM 206
|
775 sqft
|
|
|
Level 2
|
RM 175,000
|
RM 196
|
893 sqft
|
|
|
|
Level 4
|
RM 160,000
|
RM 179
|
893 sqft
|
|
|
|
Level 3
|
RM 180,000
|
RM 201
|
893 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 196 psfMedian transaction price
Jalan TU 60, 75450 Ayer Keroh, Melaka, Malaysia
MapsAppartment Sri Utama (Taman Tasik Utama) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 160K and a median price per square foot (PSF) of RM 196.
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 160K, with most transactions falling within a stable range of RM 144K to RM 176K, and a typical market range of RM 152K to RM 169K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 196, with most transactions between RM 183 and RM 209. The usual range is RM 184.26 to RM 207.51, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.25 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.