| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Stm
|
RM 418,000
|
RM 381
|
1,098 sqft
|
|
|
Jalan Stm 2
|
RM 257,000
|
RM 180
|
1,432 sqft
|
|
|
Jalan Stm
|
RM 351,000
|
RM 163
|
2,153 sqft
|
|
|
|
Jalan Stm
|
RM 375,000
|
RM 174
|
2,153 sqft
|
|
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Market Snapshot
ResidentialRM 363,000
RM 177 psfMedian transaction price
Taman Seri Tanjung, 76400 Tanjung Kling, Melaka, Malaysia
MapsTaman 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 177.
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.
Price per square foot shows a median of RM 177, though individual units vary from RM 86 to RM 267 in the core range. The broader market spans RM 163.36 to RM 190.36, indicating diverse property characteristics. A wider spread (IQR: RM 27.00) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.
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.