Melaka
Melaka Tengah
Tg Minyak
TAMAN SERI TG MINYAK(PEC.LOT3684)

TAMAN SERI TG MINYAK(PEC.LOT3684)

Area Intelligence

2022

Median Price

RM 285,000

PSF: RM 219

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Residential PSF Trends

Median Price

RM 285,000

PSF: RM 219

TAMAN SERI TG MINYAK(PEC.LOT3684) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 219.

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 285K, with most transactions falling within a stable range of RM 258K to RM 285K, and a typical market range of RM 239K 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 219, though individual units vary from RM 165 to RM 273 in the core range. The broader market spans RM 205.50 to RM 232.50, indicating diverse property characteristics. The spread of RM 27.00 (IQR) and deviation of RM 54 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI TG MINYAK(PEC.LOT3684), Melaka Tengah, Melaka

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