TAMAN TASIK UTAMA

TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 25 subsale transactions in 2022, priced between RM 300K and RM 500K, with a median price of RM 390K and a median price per square foot (PSF) of RM 198.

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 390K, with most transactions falling within a stable range of RM 340K to RM 440K, and a typical market range of RM 300K to RM 480K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 198, though individual units vary from RM 140 to RM 256 in the core range. The broader market spans RM 176.19 to RM 220.19, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 58) indicate significant PSF variations, likely due to diverse property types or conditions.

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.