Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK SETIA

TAMAN TG MINYAK SETIA

Area Intelligence

2024

Median Price

RM 495,000

PSF: RM 121

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Residential PSF Trends

Median Price

RM 495,000

PSF: RM 121

TAMAN TG MINYAK SETIA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 495K and a median price per square foot (PSF) of RM 121.

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 495K, with most transactions falling within a stable range of RM 440K to RM 550K, and a typical market range of RM 440K to RM 550K.

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 121, with most transactions between RM 115 and RM 126. The usual range is RM 90.63 to RM 150.38, showing that most units are priced quite close to each other. With an IQR of RM 59.75 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.

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 SETIA, Melaka Tengah, Melaka

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