| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tm 34 A
|
RM 270,000
|
RM 141
|
1,916 sqft
|
|
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Taman Tanjung Minyak, 75260 Melaka, Malaysia
MapsTaman Tg Minyak (Bkt Rambai) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 141.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 141, with most transactions between RM 141 and RM 141. The usual range is RM 125.67 to RM 156.17, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.