| Price | PSF | Size | Date | Type |
|---|
|
RM 290,000
|
RM 212
|
1,367 sqft
|
|
|
|
RM 260,000
|
RM 216
|
1,206 sqft
|
|
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Taman Tanjung Minyak, 75260 Melaka, Malaysia
MapsTaman Tg Minyak Jaya Baru in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 275K and a median price per square foot (PSF) of RM 216.
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 275K, with most transactions falling within a stable range of RM 260K to RM 290K, and a typical market range of RM 255K to RM 290K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 216, with most transactions between RM 201 and RM 230. The usual range is RM 203.30 to RM 228.05, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.75 and an average deviation (MAD) of RM 15 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. 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.