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 223K to RM 483K, and a typical market range of RM 208K to RM 498K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 200, with core pricing between RM 175 and RM 225. Market pricing typically extends from RM 176.50 to RM 223.50, reflecting moderate variation in unit pricing. With an IQR of RM 47.00 and MAD of RM 25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
