Melaka
Melaka Tengah
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TAMAN MELAKA BARU FASA 3A

TAMAN MELAKA BARU FASA 3A

Area Intelligence

2023

Median Price

RM 482,500

PSF: RM 144

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Residential PSF Trends

Median Price

RM 482,500

PSF: RM 144

TAMAN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 483K and a median price per square foot (PSF) of RM 144.

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 483K, with most transactions falling within a stable range of RM 350K to RM 615K, and a typical market range of RM 438K to RM 528K.

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

For price per square foot, the median is RM 144, with most transactions between RM 132 and RM 155. The usual range is RM 105.00 to RM 182.00, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 12, 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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