TAMAN TG MINYAK JAYA

Area Intelligence
2023
Median Price
RM 312,000
PSF: RM 126

Residential PSF Trends

Median Price

RM 312,000

PSF: RM 126

Commercial PSF Trends

Median Price

RM 450,000

RM 268 PSF

TAMAN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 312K and a median price per square foot (PSF) of RM 126.

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 312K, with most transactions falling within a stable range of RM 300K to RM 331K, and a typical market range of RM 300K to RM 350K.

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 126, with most transactions between RM 114 and RM 137. The usual range is RM 81.00 to RM 170.00, showing that most units are priced quite close to each other. With an IQR of RM 89.00 and MAD of RM 12, 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.

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TAMAN TG MINYAK JAYA, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

2,250 sqft
Single Storey Terraced
RM 310,000
JALAN TMJ 15
2,239 sqft · RM 138 PSF
2,550 sqft
Single Storey Terraced
RM 314,000
OFF TAMAN RAMBAI UTAMA
2,551 sqft · RM 123 PSF
2,750 sqft
Single Storey Semi-D
RM 350,000
TMJ 27
2,745 sqft · RM 128 PSF
2,850 sqft
Single Storey Terraced
RM 300,000
JALAN TMJ 10
2,831 sqft · RM 106 PSF

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There are currently no properties listed for sale in this area.

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