|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong 1
|
RM 280,000
|
RM 313
|
893 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Jalan Melaka Baru
|
RM 300,000
|
RM 336
|
893 sqft
|
|
2-Sty Terrace |
|
Jalan Melaka Baru 3/4
|
RM 200,000
|
RM 224
|
893 sqft
|
|
2-Sty Terrace |
|
Jalan Mb 3/2
|
RM 250,000
|
RM 280
|
893 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Melaka Baru 3/2
|
RM 200,000
|
RM 224
|
893 sqft
|
|
2-Sty Terrace |
|
Jalan Melaka Baru 3/2
|
RM 270,000
|
RM 302
|
893 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 260,000
RM 291 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 6 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 260K and a median price per square foot (PSF) of RM 291.
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 260K, with most transactions falling within a stable range of RM 222K to RM 298K, and a typical market range of RM 200K to RM 300K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 291, with core pricing between RM 248 and RM 334. Market pricing typically extends from RM 246.14 to RM 335.90, reflecting moderate variation in unit pricing. With an IQR of RM 89.75 and MAD of RM 43, 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.