Melaka
Melaka Tengah
Bkt Baru
TAMAN TASIK UTAMA

TAMAN TASIK UTAMA

Area Intelligence

2024

Median Price

RM 352,500

PSF: RM 200

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 184

Commercial PSF Trends

Median Price

RM 460,000

RM 314 PSF

TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 353K and a median price per square foot (PSF) of RM 200.

This area contains both residential and commercial properties. View 29 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 353K, with most transactions falling within a stable range of RM 246K to RM 283K, and a typical market range of RM 208K to RM 283K.

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

Price per square foot shows a median of RM 200, though individual units vary from RM 158 to RM 243 in the core range. The broader market spans RM 176.50 to RM 223.50, indicating diverse property characteristics. The spread of RM 47.00 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TASIK UTAMA, Melaka Tengah, Melaka

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