Melaka
Melaka Tengah
Bkt Katil
TAMAN TUN RAHAH FASA 1

TAMAN TUN RAHAH FASA 1

Area Intelligence

2021

Median Price

RM 220,000

PSF: RM 143

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Residential PSF Trends

Median Price

RM 220,000

PSF: RM 143

TAMAN TUN RAHAH FASA 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 220K and a median price per square foot (PSF) of RM 143.

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 220K, with most transactions falling within a stable range of RM 200K to RM 220K, and a typical market range of RM 180K to RM 220K.

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

For price per square foot, the median is RM 143, with most transactions between RM 130 and RM 156. The usual range is RM 107.75 to RM 178.25, showing that most units are priced quite close to each other. With an IQR of RM 70.50 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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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