TAMAN TAMBAK PAYA HARMONI

Area Intelligence
2024
Median Price
RM 600,000
PSF: RM 390

Residential PSF Trends

Median Price

RM 187,000

PSF: RM 138

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN TAMBAK PAYA HARMONI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 390.

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 600K, with most transactions falling within a stable range of RM 440K to RM 600K, and a typical market range of RM 423K to RM 600K.

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 390, though individual units vary from RM 287 to RM 493 in the core range. The broader market spans RM 269.50 to RM 510.50, 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. 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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Transactions

3 transactions grouped by size

1,500 sqft
Single Storey Shop
RM 261,000
JALAN TPH 17
1,518 sqft · RM 172 PSF
1,550 sqft
Double Storey Shop
RM 600,000
JALAN TPH 17
1,539 sqft · RM 390 PSF
RM 600,000
JALAN TPH 17
1,539 sqft · RM 390 PSF

No Properties For Sale

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

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