TAMAN TG MINYAK UTAMA

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. The median price is RM 245K, with most transactions falling within a stable range of RM 195K to RM 295K, and a typical market range of RM 132K to RM 359K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 256, with core pricing between RM 216 and RM 296. Market pricing typically extends from RM 216.25 to RM 295.75, reflecting moderate variation in unit pricing. The spread of RM 79.50 (IQR) and deviation of RM 40 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.