TAMAN TASIK UTAMA

TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 758K and a median price per square foot (PSF) of RM 189.

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 758K, with most transactions falling within a stable range of RM 758K to RM 904K, and a typical market range of RM 758K to RM 856K.

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 189, with most transactions between RM 183 and RM 195. The usual range is RM 167.30 to RM 211.30, 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 6 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.