TAMAN MELAKA BARU FASA 3A

TAMAN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 246.

This area contains both residential and commercial properties. View 38 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 225K, with most transactions falling within a stable range of RM 185K to RM 347K, and a typical market range of RM 185K to RM 270K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 246, though individual units vary from RM 157 to RM 335 in the core range. The broader market spans RM 207.75 to RM 284.75, indicating diverse property characteristics. A wider spread (IQR: RM 77.00) and deviation (MAD: RM 89) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.