TAMAN DESA TANJUNG MINYAK (SERI BERTAM)

TAMAN DESA TANJUNG MINYAK (SERI BERTAM) in Melaka Tengah, Melaka recorded 25 subsale transactions in 2021, with a median price of RM 230K and a median price per square foot (PSF) of RM 164.

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 230K, with most transactions falling within a stable range of RM 172K to RM 288K, and a typical market range of RM 195K to RM 265K.

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

The median PSF stands at RM 164, with core pricing between RM 138 and RM 190. Market pricing typically extends from RM 145.00 to RM 183.00, reflecting moderate variation in unit pricing. The spread of RM 38.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.