Taman Mutiara Melaka

75350 Batu Berendam, Melaka, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 1,200,000
PSF
RM 275
Price Size
4,350 sqft
3-Sty Shop
RM 1,250,000
Jalan Mutiara
4,359 sqft · RM 287 PSF
RM 1,150,000
Jalan Mutiara 2
4,359 sqft · RM 264 PSF
Legend Recent Highest Price Highest PSF

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Taman Mutiara Melaka, 75350 Batu Berendam, Melaka, Malaysia

Maps

Taman Mutiara Melaka in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 275.

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 1.20 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.25 million, and a typical market range of RM 1.15 million to RM 1.25 million.

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

For price per square foot, the median is RM 275, with most transactions between RM 264 and RM 287. The usual range is RM 235.52 to RM 315.02, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 11, 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.