| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tmu 4
|
RM 270,000
|
RM 241
|
1,119 sqft
|
|
|
Jalan Tmu 6
|
RM 260,000
|
RM 200
|
1,302 sqft
|
|
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Market Snapshot
ResidentialRM 265,000
RM 221 psfMedian transaction price
Taman Tanjung Minyak Utama, 75260 Melaka, Malaysia
MapsTaman Tg Minyak Utama in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 265K and a median price per square foot (PSF) of RM 221.
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 265K, with most transactions falling within a stable range of RM 260K to RM 270K, and a typical market range of RM 260K to RM 270K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 221, with most transactions between RM 200 and RM 241. The usual range is RM 181.25 to RM 259.75, showing that most units are priced quite close to each other. With an IQR of RM 78.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.
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.