| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bj 16
|
RM 180,000
|
RM 156
|
1,152 sqft
|
|
|
Jalan Bj 23
|
RM 370,000
|
RM 103
|
3,595 sqft
|
|
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Market Snapshot
ResidentialRM 275,000
RM 130 psfMedian transaction price
Taman Bertam Jaya, Melaka, Malaysia
MapsTaman Bertam Jaya Fasa 1 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 275K and a median price per square foot (PSF) of RM 130.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 275K, with most transactions falling within a stable range of RM 180K to RM 370K, and a typical market range of RM 225K to RM 325K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 130, though individual units vary from RM 103 to RM 156 in the core range. The broader market spans RM 84.48 to RM 174.73, indicating diverse property characteristics. The spread of RM 90.25 (IQR) and deviation of RM 27 (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.