TAMAN TG MINYAK (TG MINYAK)

TAMAN TG MINYAK (TG MINYAK) in Melaka Tengah, Melaka recorded 13 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 176.

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 260K, with most transactions falling within a stable range of RM 151K to RM 369K, and a typical market range of RM 221K to RM 300K.

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 176, though individual units vary from RM 134 to RM 218 in the core range. The broader market spans RM 138.50 to RM 213.50, indicating diverse property characteristics. The spread of RM 75.00 (IQR) and deviation of RM 42 (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.