TAMAN TG MINYAK UTAMA in Melaka Tengah, Melaka recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 484K and a median price per square foot (PSF) of RM 128.
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 484K, with most transactions falling within a stable range of RM 434K to RM 534K, and a typical market range of RM 371K to RM 598K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 128, though individual units vary from RM 88 to RM 168 in the core range. The broader market spans RM 88.25 to RM 167.75, indicating diverse property characteristics. A wider spread (IQR: RM 79.50) and deviation (MAD: RM 40) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.