TAMAN SERI TANJONG NILAM in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 743K and a median price per square foot (PSF) of RM 232.
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 743K, with most transactions falling within a stable range of RM 676K to RM 810K, and a typical market range of RM 680K to RM 806K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 232, with core pricing between RM 201 and RM 263. Market pricing typically extends from RM 183.50 to RM 280.50, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
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.