|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Marikh 5
|
RM 498,000
|
RM 99
|
5,005 sqft
|
|
Bungalow |
|
Jalan Marikh 5
|
RM 498,000
|
RM 99
|
5,005 sqft
|
|
Bungalow |
|
Jalan Marikh 5
|
RM 500,000
|
RM 100
|
5,005 sqft
|
|
Bungalow |
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Market Snapshot
RM 498,000
RM 100 psfMedian transaction price
RM 835,000
RM 133 psfMedian transaction price
75260 Malacca, Malaysia
MapsTaman Tg Minyak Perdana in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 4,975 and 5,024 sqft, with a median price of RM 498K and a median price per square foot (PSF) of RM 100.
This area contains both residential and commercial properties. View 122 residential properties or 28 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 498K, with most transactions falling within a stable range of RM 498K to RM 499K, and a typical market range of RM 498K to RM 500K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 100, with most transactions between RM 99 and RM 100. The usual range is RM 72.50 to RM 126.50, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 0, 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.