Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK (TG MINYAK)

TAMAN TG MINYAK (TG MINYAK)

Area Intelligence

2024

Median Price

RM 300,000

PSF: RM 184

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 184

TAMAN TG MINYAK (TG MINYAK) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, priced between RM 300K and RM 750K, with a median price of RM 300K and a median price per square foot (PSF) of RM 184.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 184, though individual units vary from RM 117 to RM 251 in the core range. The broader market spans RM 146.35 to RM 221.35, indicating diverse property characteristics. A wider spread (IQR: RM 75.00) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TG MINYAK (TG MINYAK), Melaka Tengah, Melaka

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