Melaka
Melaka Tengah
Bkt Baru
TAMAN KERJASAMA 1

TAMAN KERJASAMA 1

Area Intelligence

2024

Median Price

RM 340,000

PSF: RM 221

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 221

TAMAN KERJASAMA 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 340K and a median price per square foot (PSF) of RM 221.

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 340K, with most transactions falling within a stable range of RM 330K to RM 369K, and a typical market range of RM 330K to RM 388K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 221, with most transactions between RM 202 and RM 240. The usual range is RM 206.50 to RM 235.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 19 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.

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TAMAN KERJASAMA 1, Melaka Tengah, Melaka

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