TAMAN DESA BARU

Area Intelligence
2024
Median Price
RM 337,500
PSF: RM 216

Residential PSF Trends

Median Price

RM 337,500

PSF: RM 216

TAMAN DESA BARU in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 338K and a median price per square foot (PSF) of RM 216.

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 338K, with most transactions falling within a stable range of RM 220K to RM 450K, and a typical market range of RM 245K to RM 430K.

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

Price per square foot shows a median of RM 216, though individual units vary from RM 149 to RM 283 in the core range. The broader market spans RM 156.50 to RM 275.50, indicating diverse property characteristics. A wider spread (IQR: RM 119.00) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA BARU, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

1,200 sqft
Single Storey Terraced
RM 155,000
JALAN DESA BARU 13
1,195 sqft · RM 130 PSF
1,550 sqft
Double Storey Terraced
RM 410,000
JALAN DESA BAKTI 2
1,539 sqft · RM 266 PSF
RM 450,000
JALAN DESA BAKTI 2
1,539 sqft · RM 292 PSF
1,600 sqft
Single Storey Terraced
RM 265,000
JALAN DESA BARU 13
1,593 sqft · RM 166 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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