TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 100K and a median price per square foot (PSF) of RM 129.
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 100K, with most transactions falling within a stable range of RM -30,000 to RM 230K, and a typical market range of RM -45,000 to RM 245K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 129, with core pricing between RM 104 and RM 154. Market pricing typically extends from RM 105.50 to RM 152.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 25 (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.
