Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK JAYA

TAMAN TG MINYAK JAYA

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 231

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Residential PSF Trends

Median Price

RM 315,000

PSF: RM 212

TAMAN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 500K and a median price per square foot (PSF) of RM 231.

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.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 231, with most transactions between RM 231 and RM 231. The usual range is RM 186.60 to RM 275.60, showing that most units are priced quite close to each other. With an IQR of RM 89.00 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TG MINYAK JAYA, Melaka Tengah, Melaka

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