TAMAN DESA TANJUNG MINYAK (SERI BERTAM)

TAMAN DESA TANJUNG MINYAK (SERI BERTAM) in Melaka Tengah, Melaka recorded 41 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 169.

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 250K, with most transactions falling within a stable range of RM 187K to RM 313K, and a typical market range of RM 215K to RM 285K.

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

Price per square foot shows a median of RM 169, though individual units vary from RM 130 to RM 208 in the core range. The broader market spans RM 150.00 to RM 188.00, indicating diverse property characteristics. The spread of RM 38.00 (IQR) and deviation of RM 39 (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.