TAMAN NIRWANA

Area Intelligence
2022
Median Price
RM 290,000
PSF: RM 243

Residential PSF Trends

Median Price

RM 290,000

PSF: RM 243

TAMAN NIRWANA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 243.

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 290K, with most transactions falling within a stable range of RM 278K to RM 303K, and a typical market range of RM 262K to RM 318K.

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

The median PSF stands at RM 243, with core pricing between RM 216 and RM 270. Market pricing typically extends from RM 220.63 to RM 265.38, 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.

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TAMAN NIRWANA, Melaka Tengah, Melaka

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