TAMAN SERI TG MINYAK(PEC.LOT3684)

TAMAN SERI TG MINYAK(PEC.LOT3684) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 204.

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 270K, with most transactions falling within a stable range of RM 260K to RM 280K, and a typical market range of RM 260K to RM 280K.

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

For price per square foot, the median is RM 204, with most transactions between RM 193 and RM 215. The usual range is RM 190.50 to RM 217.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

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.