TAMAN TG MINYAK SETIA (P.LOT PT.7199)

TAMAN TG MINYAK SETIA (P.LOT PT.7199) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 269K and a median price per square foot (PSF) of RM 207.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 269K, with most transactions falling within a stable range of RM 217K to RM 300K, and a typical market range of RM 175K to RM 300K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 207, with core pricing between RM 177 and RM 238. Market pricing typically extends from RM 167.88 to RM 246.13, reflecting moderate variation in unit pricing. With an IQR of RM 78.25 and MAD of RM 31, 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.