TAMAN SPRING

Area Intelligence
2024
Median Price
RM 930,000
PSF: RM 186

Residential PSF Trends

Median Price

RM 930,000

PSF: RM 186

TAMAN SPRING in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 930K and a median price per square foot (PSF) of RM 186.

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 930K, with most transactions falling within a stable range of RM 560K to RM 1.30 million, and a typical market range of RM 674K to RM 1.19 million.

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

The median PSF stands at RM 186, with core pricing between RM 156 and RM 216. Market pricing typically extends from RM 182.00 to RM 190.00, reflecting moderate variation in unit pricing. The spread of RM 8.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN SPRING, Melaka Tengah, Melaka

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Transactions

2 transactions found

RM 1,300,000
SPRING GARDEN
6,022 sqft RM 216.00 PSF
RM 560,000
JALAN SPRING 4
3,591 sqft RM 156.00 PSF

No Properties For Sale

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

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