TAMAN SERI TANJONG NILAM

TAMAN SERI TANJONG NILAM in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 562K and a median price per square foot (PSF) of RM 224.

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 562K, with most transactions falling within a stable range of RM 555K to RM 569K, and a typical market range of RM 555K to RM 620K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 224, with most transactions between RM 215 and RM 233. The usual range is RM 216.25 to RM 231.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.