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Market Snapshot
ResidentialRM 225,000
RM 117 psfMedian transaction price
Jalan TM25C, Fasa 3, Taman Tanjong Minyak, 75260 Melaka, Malaysia
MapsTaman Bertam Jaya Fasa 3 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 225K and a median price per square foot (PSF) of RM 117.
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 225K, with most transactions falling within a stable range of RM 180K to RM 270K, and a typical market range of RM 180K to RM 270K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 117, though individual units vary from RM 77 to RM 156 in the core range. The broader market spans RM 69.98 to RM 163.48, indicating diverse property characteristics. A wider spread (IQR: RM 93.50) and deviation (MAD: RM 40) indicate significant PSF variations, likely due to diverse property types or conditions.
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.