TAMAN BUNGA RAYA

TAMAN BUNGA RAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 187.

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 288K, with most transactions falling within a stable range of RM 252K to RM 324K, and a typical market range of RM 250K to RM 333K.

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

For price per square foot, the median is RM 187, with most transactions between RM 172 and RM 202. The usual range is RM 168.00 to RM 206.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 15 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.