TAMAN TG MINYAK UTAMA

Area Intelligence
2023
Median Price
RM 245,000
PSF: RM 256

Residential PSF Trends

Median Price

RM 245,000

PSF: RM 256

TAMAN TG MINYAK UTAMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 256.

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 256, with most transactions between RM 256 and RM 256. The usual range is RM 216.25 to RM 295.75, 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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