TAMAN TAMBAK PAYA HARMONI in Melaka Tengah, Melaka recorded 16 subsale transactions in 2022, with a median price of RM 262K and a median price per square foot (PSF) of RM 185.
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 262K, with most transactions falling within a stable range of RM 588K to RM 271K, and a typical market range of RM 588K to RM 440K.
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 185, with most transactions between RM 179 and RM 191. The usual range is RM 64.50 to RM 305.50, showing that most units are priced quite close to each other. With an IQR of RM 241.00 and MAD of RM 6, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
