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Market Snapshot
RM 594,000
RM 79 psfMedian transaction price
RM 835,000
RM 133 psfMedian transaction price
75260 Malacca, Malaysia
MapsTaman Tg Minyak Perdana in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 7,475 and 7,524 sqft, with a median price of RM 594K and a median price per square foot (PSF) of RM 79.
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.
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 79, with most transactions between RM 79 and RM 79. The usual range is RM 52.40 to RM 106.40, 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.