TAMAN NIRWANA

TAMAN NIRWANA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 189.

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 270K, with most transactions falling within a stable range of RM 258K to RM 283K, and a typical market range of RM 242K to RM 298K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 189, with core pricing between RM 162 and RM 216. Market pricing typically extends from RM 166.63 to RM 211.38, reflecting moderate variation in unit pricing. With an IQR of RM 44.75 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.