Melaka
Melaka Tengah
Padang Temu
TAMAN CEMPAKA(TAMAN PDG TEMU INDAH)

TAMAN CEMPAKA(TAMAN PDG TEMU INDAH)

Area Intelligence

2022

Median Price

RM 479,000

PSF: RM 284

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TAMAN CEMPAKA(TAMAN PDG TEMU INDAH) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 479K and a median price per square foot (PSF) of RM 284.

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 479K, with most transactions falling within a stable range of RM 458K to RM 500K, and a typical market range of RM 474K to RM 484K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 284, with most transactions between RM 280 and RM 289. The usual range is RM 255.48 to RM 312.98, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 4, 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.

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TAMAN CEMPAKA(TAMAN PDG TEMU INDAH), Melaka Tengah, Melaka

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