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Market Snapshot
RM 258,000
RM 91 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 1 subsale transactions between 2021 and 2026, sized between 2,825 and 2,874 sqft, with a median price of RM 258K and a median price per square foot (PSF) of RM 91.
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.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 91, with most transactions between RM 91 and RM 91. The usual range is RM 46.36 to RM 136.12, showing that most units are priced quite close to each other. With an IQR of RM 89.75 and MAD of RM 0, 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.