TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 145K and a median price per square foot (PSF) of RM 187.
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 145K, with most transactions falling within a stable range of RM 15K to RM 275K, and a typical market range of RM 0 to RM 290K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 187, with core pricing between RM 162 and RM 212. Market pricing typically extends from RM 163.50 to RM 210.50, 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.
