| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tms 5
|
RM 200,000
|
RM 182
|
1,098 sqft
|
|
|
Jalan Tms 4
|
RM 270,000
|
RM 207
|
1,302 sqft
|
|
|
Jalan Tms 5
|
RM 270,000
|
RM 164
|
1,647 sqft
|
|
|
Jalan Tms 2
|
RM 440,000
|
RM 126
|
3,488 sqft
|
|
|
Jalan Tms 2
|
RM 550,000
|
RM 115
|
4,801 sqft
|
|
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Market Snapshot
ResidentialRM 270,000
RM 164 psfMedian transaction price
Taman Tanjung Minyak Setia, 75260 Melaka, Malaysia
MapsTaman Tg Minyak Setia in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 164.
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 270K, with most transactions falling within a stable range of RM 200K to RM 399K, and a typical market range of RM 215K to RM 325K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 164, though individual units vary from RM 129 to RM 198 in the core range. The broader market spans RM 126.95 to RM 200.95, indicating diverse property characteristics. The spread of RM 74.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
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.