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Market Snapshot
RM 242,500
RM 175 psfMedian transaction price
RM 500,000
RM 284 psfMedian transaction price
Taman Melaka Baru, 75350 Batu Berendam, Melaka, Malaysia
MapsTaman Melaka Baru in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM 243K and a median price per square foot (PSF) of RM 175.
This area contains both residential and commercial properties. View 59 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 243K, with most transactions falling within a stable range of RM 205K to RM 280K, and a typical market range of RM 205K to RM 280K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 175, with core pricing between RM 147 and RM 203. Market pricing typically extends from RM 129.99 to RM 219.74, reflecting moderate variation in unit pricing. The spread of RM 89.75 (IQR) and deviation of RM 28 (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.