TAMAN DESA TANJUNG MINYAK (SERI BERTAM)

TAMAN DESA TANJUNG MINYAK (SERI BERTAM) in Melaka Tengah, Melaka recorded 32 subsale transactions in 2024, with a median price of RM 283K and a median price per square foot (PSF) of RM 184.

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 283K, with most transactions falling within a stable range of RM 253K to RM 313K, and a typical market range of RM 248K to RM 318K.

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

For price per square foot, the median is RM 184, with most transactions between RM 166 and RM 202. The usual range is RM 165.00 to RM 203.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 18 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.