TAMAN SERI TG MINYAK(PEC.LOT3684)

TAMAN SERI TG MINYAK(PEC.LOT3684) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 363K and a median price per square foot (PSF) of RM 188.

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 363K, with most transactions falling within a stable range of RM 304K to RM 418K, and a typical market range of RM 317K to RM 410K.

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

The median PSF stands at RM 188, with core pricing between RM 161 and RM 214. Market pricing typically extends from RM 174.00 to RM 201.00, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 26, 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.