TROPICANA RESIDENCES

TROPICANA RESIDENCES in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 403.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 375K to RM 425K, and a typical market range of RM 370K to RM 434K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 403, with core pricing between RM 356 and RM 451. Market pricing typically extends from RM 356.25 to RM 449.75, reflecting moderate variation in unit pricing. With an IQR of RM 93.50 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.