TAMAN MUTIARA MELAKA

TAMAN MUTIARA MELAKA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 650.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.00 million, with most transactions falling within a stable range of RM 900K to RM 1.10 million, and a typical market range of RM 938K to RM 1.06 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 650, with core pricing between RM 585 and RM 715. Market pricing typically extends from RM 610.25 to RM 689.75, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 65, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.