Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Jalan Emas 5
|
RM 280,000
|
RM 182
|
1,539 sqft
|
|
Terrace |
|
Jalan Zamrud 3
|
RM 338,000
|
RM 221
|
1,528 sqft
|
|
Terrace |
|
Jalan Emas 2
|
RM 738,000
|
RM 231
|
3,197 sqft
|
|
Semi-D |
|
Jalan Emas 12
|
RM 360,000
|
RM 234
|
1,539 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 349,000
RM 226 psfMedian transaction price
Jalan Bukit Baru, Melaka, Malaysia
MapsTaman Kerjasama in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 349K and a median price per square foot (PSF) of RM 226.
This area contains both residential and commercial properties. View 63 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 349K, with most transactions falling within a stable range of RM 280K to RM 530K, and a typical market range of RM 300K to RM 398K.
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 226, with most transactions between RM 205 and RM 247. The usual range is RM 196.49 to RM 255.49, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.
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.