Melaka
Melaka Tengah
Padang Temu
TAMAN PADANG TEMU PERMATA

TAMAN PADANG TEMU PERMATA

Area Intelligence

2023

Median Price

RM 460,000

PSF: RM 116

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Residential PSF Trends

Median Price

RM 460,000

PSF: RM 116

TAMAN PADANG TEMU PERMATA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 116.

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 460K, with most transactions falling within a stable range of RM 420K to RM 500K, and a typical market range of RM 420K to RM 500K.

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

For price per square foot, the median is RM 116, with most transactions between RM 113 and RM 118. The usual range is RM 99.25 to RM 131.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PADANG TEMU PERMATA, Melaka Tengah, Melaka

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