Melaka
Melaka Tengah
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TAMAN MELAKA BARU FASA 3A

TAMAN MELAKA BARU FASA 3A

Area Intelligence

2023

Median Price

RM 325,000

PSF: RM 270

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Residential PSF Trends

Median Price

RM 325,000

PSF: RM 270

TAMAN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 270.

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 325K, with most transactions falling within a stable range of RM 284K to RM 350K, and a typical market range of RM 280K to RM 350K.

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

The median PSF stands at RM 270, with core pricing between RM 240 and RM 301. Market pricing typically extends from RM 231.89 to RM 308.89, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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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