Melaka
Melaka Tengah
Bkt Baru
TAMAN TASIK UTAMA

TAMAN TASIK UTAMA

Area Intelligence

2023

Median Price

RM 479,000

PSF: RM 159

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Residential PSF Trends

Median Price

RM 479,000

PSF: RM 159

Commercial PSF Trends

Median Price

RM 461,000

RM 278 PSF

TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 479K and a median price per square foot (PSF) of RM 159.

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 479K, with most transactions falling within a stable range of RM 328K to RM 630K, and a typical market range of RM 334K to RM 624K.

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

For price per square foot, the median is RM 159, with most transactions between RM 154 and RM 164. The usual range is RM 135.50 to RM 182.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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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