TAMAN SPRING

Area Intelligence
2023
Median Price
RM 723,000
PSF: RM 157

Residential PSF Trends

Median Price

RM 723,000

PSF: RM 157

TAMAN SPRING in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 723K and a median price per square foot (PSF) of RM 157.

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 723K, with most transactions falling within a stable range of RM 420K to RM 1.03 million, and a typical market range of RM 467K to RM 980K.

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

For price per square foot, the median is RM 157, with most transactions between RM 154 and RM 159. The usual range is RM 152.50 to RM 160.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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 1,026,000
JALAN LEREH 3
6,465 sqft RM 159.00 PSF
RM 420,000
JALAN SPRING 2
2,725 sqft RM 154.00 PSF

No Properties For Sale

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

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