TAMAN SERI TANJONG MINYAK FASA 3 in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 254.
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 355K, with most transactions falling within a stable range of RM 338K to RM 372K, and a typical market range of RM 323K to RM 388K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 254, with core pricing between RM 213 and RM 295. Market pricing typically extends from RM 225.00 to RM 283.00, reflecting moderate variation in unit pricing. The spread of RM 58.00 (IQR) and deviation of RM 41 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.