TAMAN CIPTACO

TAMAN CIPTACO in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 652K and a median price per square foot (PSF) of RM 204.

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 652K, with most transactions falling within a stable range of RM 525K to RM 778K, and a typical market range of RM 613K to RM 691K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 204, with core pricing between RM 164 and RM 243. Market pricing typically extends from RM 191.25 to RM 215.75, reflecting moderate variation in unit pricing. The spread of RM 24.50 (IQR) and deviation of RM 40 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.