TAMAN TG MINYAK (TG MINYAK)

Area Intelligence
2023
Median Price
RM 480,000
PSF: RM 108

Residential PSF Trends

Median Price

RM 480,000

PSF: RM 108

TAMAN TG MINYAK (TG MINYAK) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 108.

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 480K, with most transactions falling within a stable range of RM 460K to RM 505K, and a typical market range of RM 460K to RM 520K.

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

The median PSF stands at RM 108, with core pricing between RM 88 and RM 128. Market pricing typically extends from RM 70.50 to RM 145.50, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 20 (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

3 transactions grouped by size

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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