Melaka
Melaka Tengah
Padang Temu
TAMAN PADANG TEMU PERMATA

TAMAN PADANG TEMU PERMATA

Area Intelligence

2023

Median Price

RM 340,000

PSF: RM 170

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 170

TAMAN PADANG TEMU PERMATA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 170.

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 340K, with most transactions falling within a stable range of RM 272K to RM 408K, and a typical market range of RM 270K to RM 420K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 170, with core pricing between RM 145 and RM 195. Market pricing typically extends from RM 153.75 to RM 186.25, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN PADANG TEMU PERMATA, Melaka Tengah, Melaka

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