Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK JAYA

TAMAN TG MINYAK JAYA

Area Intelligence

2022

Median Price

RM 423,000

PSF: RM 249

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 249

TAMAN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 423K and a median price per square foot (PSF) of RM 249.

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 423K, with most transactions falling within a stable range of RM 387K to RM 450K, and a typical market range of RM 362K to RM 450K.

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

The median PSF stands at RM 249, with core pricing between RM 214 and RM 284. Market pricing typically extends from RM 204.76 to RM 293.76, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 and MAD of RM 35, 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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