TAMAN JATI

TAMAN JATI in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 284K and a median price per square foot (PSF) of RM 121.

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 284K, with most transactions falling within a stable range of RM 269K to RM 293K, and a typical market range of RM 273K to RM 293K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 121, with core pricing between RM 102 and RM 140. Market pricing typically extends from RM 94.50 to RM 147.50, reflecting moderate variation in unit pricing. The spread of RM 53.00 (IQR) and deviation of RM 19 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.