Melaka
Melaka Tengah
Bkt Katil
TAMAN TUN RAHAH FASA 1

TAMAN TUN RAHAH FASA 1

Area Intelligence

2023

Median Price

RM 330,000

PSF: RM 253

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 253

TAMAN TUN RAHAH FASA 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 253.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 330K, with most transactions falling within a stable range of RM 281K to RM 360K, and a typical market range of RM 276K to RM 360K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 253, though individual units vary from RM 203 to RM 304 in the core range. The broader market spans RM 218.12 to RM 288.62, indicating diverse property characteristics. The spread of RM 70.50 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TUN RAHAH FASA 1, Melaka Tengah, Melaka

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