TAMAN MELAKA BARU FASA 3A

Area Intelligence
2023
Median Price
RM 216,500
PSF: RM 235

Residential PSF Trends

Median Price

RM 216,500

PSF: RM 235

TAMAN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 217K and a median price per square foot (PSF) of RM 235.

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 217K, with most transactions falling within a stable range of RM 202K to RM 230K, and a typical market range of RM 185K to RM 230K.

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

The median PSF stands at RM 235, with core pricing between RM 206 and RM 263. Market pricing typically extends from RM 196.00 to RM 273.00, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MELAKA BARU FASA 3A, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

800 sqft
Low-Cost House
RM 185,000
LORONG 4
775 sqft · RM 239 PSF
RM 230,000
JALAN MELAKA BARU 3/5
775 sqft · RM 297 PSF
900 sqft
Double Storey Terraced
RM 220,000
LORONG 1 OFF JALAN MLKA BARU 3/8
883 sqft · RM 249 PSF
950 sqft
Double Storey Terraced
RM 220,000
JALAN MELKA BARU 3/8
958 sqft · RM 230 PSF
RM 213,000
LORONG 3
958 sqft · RM 222 PSF
RM 200,000
JALAN MELAKA BARU 3/2
958 sqft · RM 209 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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