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 175K to RM 275K, and a typical market range of RM 180K to RM 270K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 246, with core pricing between RM 210 and RM 282. Market pricing typically extends from RM 207.75 to RM 284.75, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 36, 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.
