|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Merdeka 10
|
RM 470,000
|
RM 147
|
3,197 sqft
|
|
Semi-D Factory |
| 2023 | |||||
|
Jalan Jasa Merdeka 12
|
RM 450,000
|
RM 141
|
3,197 sqft
|
|
Semi-D Factory |
|
Jalan Jasa Merdeka 1
|
RM 395,000
|
RM 124
|
3,197 sqft
|
|
Semi-D Factory |
|
Jalan Merdeka 10
|
RM 450,000
|
RM 141
|
3,197 sqft
|
|
Semi-D Factory |
|
Jasa Merdeka 12
|
RM 405,000
|
RM 127
|
3,197 sqft
|
|
Semi-D Factory |
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Market Snapshot
CommercialRM 450,000
RM 141 psfMedian transaction price
Taman Datuk Tamby Chik Karim, 75350 Melaka, Malaysia
MapsTaman Datuk Tamby Chik Karim in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, sized between 3,175 and 3,224 sqft, with a median price of RM 450K and a median price per square foot (PSF) of RM 141.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 421K to RM 470K, and a typical market range of RM 395K to RM 470K.
Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.
For price per square foot, the median is RM 141, with most transactions between RM 132 and RM 150. The usual range is RM 124.76 to RM 156.76, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.00 and an average deviation (MAD) of RM 9 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.