Taman Beringin

75350 Melaka, Malaysia

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Market Snapshot

Residential

RM 255,000

RM 216 psf

Median transaction price

Taman Beringin
© OpenStreetMap · CARTO

Taman Beringin, 75350 Melaka, Malaysia

Maps

Taman Beringin in Melaka Tengah, Melaka recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 290K and a median price per square foot (PSF) of RM 247.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

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 220K to RM 360K, and a typical market range of RM 233K to RM 348K.

Most transactions involved low-cost house, with high diversity across multiple property types.

The median PSF stands at RM 247, with core pricing between RM 202 and RM 292. Market pricing typically extends from RM 220.00 to RM 274.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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.