TAMAN BKT PIATU MUTIARA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 580K and a median price per square foot (PSF) of RM 370.
This area contains both residential and commercial properties. View 11 residential properties or 9 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 580K, with most transactions falling within a stable range of RM 530K to RM 630K, and a typical market range of RM 525K to RM 635K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 370, with most transactions between RM 344 and RM 397. The usual range is RM 336.25 to RM 403.75, showing that most units are priced quite close to each other. With an IQR of RM 67.50 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
