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. 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.

Price per square foot shows a median of RM 280, though individual units vary from RM 177 to RM 382 in the core range. The broader market spans RM 159.00 to RM 400.00, indicating diverse property characteristics. A wider spread (IQR: RM 241.00) and deviation (MAD: RM 103) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

2 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 230,000
JALAN TPH 7
1,302 sqft · RM 177 PSF
1,550 sqft
Double Storey Shop
RM 588,000
JALAN TPH 1
1,539 sqft · RM 382 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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