Melaka
Melaka Tengah
Bkt Katil
TAMAN TASIK UTAMA

TAMAN TASIK UTAMA

Area Intelligence

2023

Median Price

RM 436,000

PSF: RM 195

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Residential PSF Trends

Median Price

RM 378,500

PSF: RM 220

Commercial PSF Trends

Median Price

RM 707,500

RM 189 PSF

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 427K to RM 300K, and a typical market range of RM 338K to RM 300K.

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 195, with most transactions between RM 187 and RM 203. The usual range is RM 173.00 to RM 217.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 8 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN TASIK UTAMA, Melaka Tengah, Melaka

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