Melaka
Melaka Tengah
Bkt Lintang
TAMAN TAMBAK PAYA HARMONI

TAMAN TAMBAK PAYA HARMONI

Area Intelligence

2023

Median Price

RM 409,000

PSF: RM 219

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Commercial PSF Trends

Median Price

RM 588,000

RM 261 PSF

TAMAN TAMBAK PAYA HARMONI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 409K and a median price per square foot (PSF) of RM 219.

This area contains both residential and commercial properties. View 9 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 409K, with most transactions falling within a stable range of RM 230K to RM 588K, and a typical market range of RM 232K to RM 587K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 219, with core pricing between RM 177 and RM 261. Market pricing typically extends from RM 98.48 to RM 339.48, reflecting moderate variation in unit pricing. The spread of RM 241.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN TAMBAK PAYA HARMONI, Melaka Tengah, Melaka

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