TAMAN BUKIT NIBONG RIA

TAMAN BUKIT NIBONG RIA in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, with a median price of RM 415K and a median price per square foot (PSF) of RM 156.

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 415K, with most transactions falling within a stable range of RM 415K to RM 436K, and a typical market range of RM 415K to RM 424K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 156, with core pricing between RM 138 and RM 173. Market pricing typically extends from RM 148.75 to RM 162.25, reflecting moderate variation in unit pricing. With an IQR of RM 13.50 and MAD of RM 17, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.