TAMAN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 362K and a median price per square foot (PSF) of RM 203.
This area contains both residential and commercial properties. View 49 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 362K, with most transactions falling within a stable range of RM 262K to RM 462K, and a typical market range of RM 249K to RM 475K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 203, though individual units vary from RM 160 to RM 247 in the core range. The broader market spans RM 158.50 to RM 247.50, indicating diverse property characteristics. The spread of RM 89.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
