TAMAN SPRING

Area Intelligence
2023
Median Price
RM 723,000
PSF: RM 156

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 156.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 156, with most transactions between RM 156 and RM 156. The usual range is RM 152.42 to RM 160.42, 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 0 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. 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

OSM

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Transactions

1 transactions grouped by size

6,450 sqft
Bungalow
RM 1,026,000
JALAN LEREH 3
6,465 sqft · RM 159 PSF

No Properties For Sale

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

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