TAMAN SPRING

Area Intelligence
2022
Median Price
RM 645,000
PSF: RM 122

Residential PSF Trends

Median Price

RM 645,000

PSF: RM 122

TAMAN SPRING in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 645K and a median price per square foot (PSF) of RM 122.

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 645K, with most transactions falling within a stable range of RM 310K to RM 980K, and a typical market range of RM 389K to RM 902K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 122, though individual units vary from RM 80 to RM 163 in the core range. The broader market spans RM 117.50 to RM 125.50, indicating diverse property characteristics. A wider spread (IQR: RM 8.00) and deviation (MAD: RM 42) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SPRING, Melaka Tengah, Melaka

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Transactions

2 transactions found

RM 310,000
JALAN SPRING 3
3,884 sqft RM 80.00 PSF
RM 980,000
JALAN SPRING 3
6,027 sqft RM 163.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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