Melaka
Melaka Tengah
Tg Minyak
TAMAN TG MINYAK UTAMA

TAMAN TG MINYAK UTAMA

Area Intelligence

2022

Median Price

RM 275,000

PSF: RM 287

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Residential PSF Trends

Median Price

RM 275,000

PSF: RM 287

TAMAN TG MINYAK UTAMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 287.

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, with high diversity across multiple property types.

For price per square foot, the median is RM 287, with most transactions between RM 287 and RM 287. The usual range is RM 247.25 to RM 326.75, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 0, 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.

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TAMAN TG MINYAK UTAMA, Melaka Tengah, Melaka

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