Melaka
Melaka Tengah
Bkt Baru
TAMAN PERKOTA

TAMAN PERKOTA

Area Intelligence

2024

Median Price

RM 375,000

PSF: RM 222

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 227

TAMAN PERKOTA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 375K and a median price per square foot (PSF) of RM 222.

This area contains both residential and commercial properties. View 10 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 375K, with most transactions falling within a stable range of RM 330K to RM 524K, and a typical market range of RM 330K to RM 443K.

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

The median PSF stands at RM 222, with core pricing between RM 179 and RM 264. Market pricing typically extends from RM 169.50 to RM 273.50, reflecting moderate variation in unit pricing. The spread of RM 104.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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 PERKOTA, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,550 sqft

RM 400,000

JALAN PERMAI 6

1,539 sqft · RM 260 PSF

Oct 2024

RM 330,000

JALAN PERMAI 2

1,528 sqft · RM 216 PSF

Aug 2024

RM 350,000

JALAN TAMAN PERKOTA

1,539 sqft · RM 227 PSF

Mar 2024

JALAN PERMAI 6	RM 400,000	RM 260	1,539 sqft	Oct 2024	Double Storey Terraced
JALAN PERMAI 2	RM 330,000	RM 216	1,528 sqft	Aug 2024	Double Storey Shop
JALAN TAMAN PERKOTA	RM 350,000	RM 227	1,539 sqft	Mar 2024	Double Storey Terraced