Melaka
Melaka Tengah
Tg Minyak
TAMAN SERI TANJONG MINYAK FASA 3

TAMAN SERI TANJONG MINYAK FASA 3

Area Intelligence

2022

Median Price

RM 403,000

PSF: RM 146

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Residential PSF Trends

Median Price

RM 403,000

PSF: RM 146

TAMAN SERI TANJONG MINYAK FASA 3 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 403K and a median price per square foot (PSF) of RM 146.

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 403K, with most transactions falling within a stable range of RM 402K to RM 404K, and a typical market range of RM 402K to RM 404K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 146, with most transactions between RM 143 and RM 148. The usual range is RM 116.50 to RM 174.50, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 3, 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. 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.

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TAMAN SERI TANJONG MINYAK FASA 3, Melaka Tengah, Melaka

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