TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 32 subsale transactions in 2023, with a median price of RM 436K and a median price per square foot (PSF) of RM 195.
This area contains both residential and commercial properties. View 120 residential properties or 43 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 436K, with most transactions falling within a stable range of RM 357K to RM 515K, and a typical market range of RM 338K to RM 534K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 195, with core pricing between RM 173 and RM 217. Market pricing typically extends from RM 173.00 to RM 217.00, reflecting moderate variation in unit pricing. With an IQR of RM 44.00 and MAD of RM 22, 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. Moderate transaction volume may require patience when buying or selling.
