TAMAN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, with a median price of RM 315K and a median price per square foot (PSF) of RM 188.
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 315K, with most transactions falling within a stable range of RM 315K to RM 342K, and a typical market range of RM 315K to RM 385K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 188, with core pricing between RM 163 and RM 213. Market pricing typically extends from RM 143.50 to RM 232.50, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.
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.
