TAMAN BUNGA RAYA

TAMAN BUNGA RAYA in Melaka Tengah, Melaka recorded 12 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 168.

This area contains both residential and commercial properties. View 34 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 265K, with most transactions falling within a stable range of RM 200K to RM 339K, and a typical market range of RM 220K to RM 310K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 168, though individual units vary from RM 121 to RM 215 in the core range. The broader market spans RM 149.00 to RM 187.00, indicating diverse property characteristics. A wider spread (IQR: RM 38.00) and deviation (MAD: RM 47) indicate significant PSF variations, likely due to diverse property types or conditions.

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.