TAMAN MELAKA BARU

TAMAN MELAKA BARU in Melaka Tengah, Melaka recorded 18 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 185K and a median price per square foot (PSF) of RM 200.

This area contains both residential and commercial properties. View 57 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 185K, with most transactions falling within a stable range of RM 120K to RM 252K, and a typical market range of RM 120K to RM 260K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 200, though individual units vary from RM 141 to RM 258 in the core range. The broader market spans RM 155.00 to RM 244.00, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.