TAMAN TAMBAK PAYA HARMONI

Area Intelligence
2023
Median Price
RM 409,000
PSF: RM 280

Residential PSF Trends

Median Price

RM 230,000

PSF: RM 177

Commercial PSF Trends

Median Price

RM 588,000

RM 382 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 280.

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.

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

For price per square foot, the median is RM 280, with most transactions between RM 280 and RM 280. The usual range is RM 159.00 to RM 400.00, showing that most units are priced quite close to each other. With an IQR of RM 241.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TAMBAK PAYA HARMONI, Melaka Tengah, Melaka

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