TAMAN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 232.
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 180K, with most transactions falling within a stable range of RM 130K to RM 230K, and a typical market range of RM 135K to RM 225K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 232, with core pricing between RM 196 and RM 268. Market pricing typically extends from RM 193.50 to RM 270.50, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.
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.
