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 488K and a median price per square foot (PSF) of RM 341.

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 488K, with most transactions falling within a stable range of RM 421K to RM 555K, and a typical market range of RM 425K to RM 551K.

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 341, with most transactions between RM 310 and RM 372. The usual range is RM 292.50 to RM 389.50, showing that most units are priced quite close to each other. 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.