TAMAN TASIK UTAMA

TAMAN TASIK UTAMA in Melaka Tengah, Melaka recorded 19 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 357K and a median price per square foot (PSF) of RM 211.

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 357K, with most transactions falling within a stable range of RM 300K to RM 417K, and a typical market range of RM 300K to RM 455K.

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 211, though individual units vary from RM 156 to RM 267 in the core range. The broader market spans RM 189.14 to RM 233.14, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 56) 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. Limited transaction history suggests carefully evaluating comparable sales data.