TAMAN DESA TANJUNG MINYAK (SERI BERTAM)

TAMAN DESA TANJUNG MINYAK (SERI BERTAM) in Melaka Tengah, Melaka recorded 61 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 166.

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 240K, with most transactions falling within a stable range of RM 210K to RM 270K, and a typical market range of RM 205K to RM 275K.

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

The median PSF stands at RM 166, with core pricing between RM 148 and RM 184. Market pricing typically extends from RM 147.00 to RM 185.00, reflecting moderate variation in unit pricing. With an IQR of RM 38.00 and MAD of RM 18, 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. Moderate transaction volume may require patience when buying or selling.