TAMAN NOORBAR in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 395K and a median price per square foot (PSF) of RM 106.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 395K, with most transactions falling within a stable range of RM 385K to RM 405K, and a typical market range of RM 358K to RM 433K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 106, with core pricing between RM 93 and RM 119. Market pricing typically extends from RM 89.75 to RM 121.25, reflecting moderate variation in unit pricing. With an IQR of RM 31.50 and MAD of RM 13, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.