Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK JAYA

TAMAN TG MINYAK JAYA

Area Intelligence

2024

Median Price

RM 484,000

PSF: RM 271

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Residential PSF Trends

Median Price

RM 481,000

PSF: RM 272

TAMAN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, priced up to RM 500K, with a median price of RM 484K and a median price per square foot (PSF) of RM 271.

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 484K, with most transactions falling within a stable range of RM 415K to RM 500K, and a typical market range of RM 371K to RM 500K.

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

The median PSF stands at RM 271, with core pricing between RM 227 and RM 315. Market pricing typically extends from RM 226.28 to RM 315.28, reflecting moderate variation in unit pricing. The spread of RM 89.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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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