Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK SETIA (P.LOT PT.7199)

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

Area Intelligence

2021

Median Price

RM 240,000

PSF: RM 154

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Residential PSF Trends

Median Price

RM 240,000

PSF: RM 154

TAMAN TG MINYAK SETIA (P.LOT PT.7199) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 240K and a median price per square foot (PSF) of RM 154.

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 240K, with most transactions falling within a stable range of RM 430K to RM 243K, and a typical market range of RM 430K to RM 334K.

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

For price per square foot, the median is RM 154, with most transactions between RM 151 and RM 158. The usual range is RM 114.88 to RM 193.13, showing that most units are priced quite close to each other. With an IQR of RM 78.25 and MAD of RM 4, 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 SETIA (P.LOT PT.7199), Melaka Tengah, Melaka

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