TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 92 subsale transactions in 2024, with a median price of RM 301K and a median price per square foot (PSF) of RM 175.
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 301K, with most transactions falling within a stable range of RM 222K to RM 380K, and a typical market range of RM 203K to RM 399K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 175, with core pricing between RM 153 and RM 197. Market pricing typically extends from RM 153.41 to RM 197.41, 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.
