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Market Snapshot
ResidentialRM 800,000
RM 125 psfMedian transaction price
Taman Muhibbah, 75200 Klebang Besar, Melaka, Malaysia
MapsTaman Muhibbah in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 800K and a median price per square foot (PSF) of RM 125.
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 800K, with most transactions falling within a stable range of RM 730K to RM 870K, and a typical market range of RM 765K to RM 835K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 125, though individual units vary from RM 96 to RM 154 in the core range. The broader market spans RM 110.25 to RM 139.75, indicating diverse property characteristics. The spread of RM 29.50 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.
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.