Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK JAYA

TAMAN TG MINYAK JAYA

Area Intelligence

2024

Median Price

RM 582,500

PSF: RM 200

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Residential PSF Trends

Median Price

RM 582,500

PSF: RM 200

Commercial PSF Trends

Median Price

RM 450,000

RM 268 PSF

TAMAN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 583K and a median price per square foot (PSF) of RM 200.

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 583K, with most transactions falling within a stable range of RM 520K to RM 645K, and a typical market range of RM 520K to RM 645K.

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

Price per square foot shows a median of RM 200, though individual units vary from RM 123 to RM 276 in the core range. The broader market spans RM 155.00 to RM 244.00, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 77) indicate significant PSF variations, likely due to diverse property types or conditions.

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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