TAMAN TG MINYAK (TG MINYAK)

Area Intelligence
2023
Median Price
RM 470,000
PSF: RM 115

Residential PSF Trends

Median Price

RM 470,000

PSF: RM 115

TAMAN TG MINYAK (TG MINYAK) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 470K and a median price per square foot (PSF) of RM 115.

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 470K, with most transactions falling within a stable range of RM 382K to RM 520K, and a typical market range of RM 431K to RM 510K.

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

The median PSF stands at RM 115, with core pricing between RM 97 and RM 133. Market pricing typically extends from RM 77.50 to RM 152.50, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

4 transactions grouped by size

2,400 sqft
Single Storey Terraced
RM 290,000
JALAN TM 22
2,379 sqft · RM 122 PSF
3,250 sqft
Single Storey Semi-D
RM 480,000
LORONG 1
3,240 sqft · RM 148 PSF
4,550 sqft
Bungalow
RM 460,000
JALAN TM 1
4,532 sqft · RM 102 PSF
4,800 sqft
Single Storey Semi-D
RM 520,000
JALAN TANJUNG MINYAK 34
4,801 sqft · RM 108 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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