Melaka
Melaka Tengah
Padang Temu
TAMAN RESIDENCE LAPAN

TAMAN RESIDENCE LAPAN

Area Intelligence

2021

Median Price

RM 2,278,500

PSF: RM 482

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Residential PSF Trends

Median Price

RM 2,278,500

PSF: RM 482

TAMAN RESIDENCE LAPAN in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced from RM 2.00 million and above, with a median price of RM 2.28 million and a median price per square foot (PSF) of RM 482.

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 2.28 million, with most transactions falling within a stable range of RM 2.03 million to RM 2.53 million, and a typical market range of RM 2.07 million to RM 2.49 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 482, with most transactions between RM 458 and RM 507. The usual range is RM 434.30 to RM 530.30, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 25, 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. 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 RESIDENCE LAPAN, Melaka Tengah, Melaka

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