| Road | Price | PSF | Size | Date | Type |
|---|
|
Padang Temu
|
RM 400,000
|
RM 383
|
1,044 sqft
|
|
|
Jalan Pt 7
|
RM 280,000
|
RM 200
|
1,399 sqft
|
|
|
|
Jpt 3
|
RM 270,000
|
RM 190
|
1,421 sqft
|
|
|
Jalan Ptp 3
|
RM 420,000
|
RM 150
|
2,799 sqft
|
|
|
Jalan Ptp 3
|
RM 420,000
|
RM 118
|
3,574 sqft
|
|
|
Jalan Padang Temu 1
|
RM 500,000
|
RM 113
|
4,413 sqft
|
|
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Market Snapshot
ResidentialRM 410,000
RM 170 psfMedian transaction price
Padang Temu, 75050 Malacca, Malaysia
MapsTaman Padang Temu Permata in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 410K 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 410K, with most transactions falling within a stable range of RM 328K to RM 492K, and a typical market range of RM 304K to RM 500K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 170, though individual units vary from RM 79 to RM 261 in the core range. The broader market spans RM 153.80 to RM 186.30, indicating diverse property characteristics. A wider spread (IQR: RM 32.50) and deviation (MAD: RM 91) 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.