| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tg Minyak Utama 12
|
RM 185,000
|
RM 155
|
1,195 sqft
|
|
|
Jalan Tmu 3A
|
RM 220,000
|
RM 169
|
1,302 sqft
|
|
|
Jalan Tmu 7
|
RM 260,000
|
RM 192
|
1,356 sqft
|
|
|
Jalan Tm
|
RM 323,000
|
RM 210
|
1,539 sqft
|
|
|
Jalan Tmu 6
|
RM 240,000
|
RM 90
|
2,680 sqft
|
|
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Market Snapshot
ResidentialRM 240,000
RM 169 psfMedian transaction price
Taman Tanjung Minyak Utama, 75260 Melaka, Malaysia
MapsTaman Tg Minyak Utama in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 240K and a median price per square foot (PSF) of RM 169.
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 240K, with most transactions falling within a stable range of RM 194K to RM 286K, and a typical market range of RM 185K to RM 323K.
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 169, though individual units vary from RM 128 to RM 210 in the core range. The broader market spans RM 129.67 to RM 208.17, indicating diverse property characteristics. The spread of RM 78.50 (IQR) and deviation of RM 41 (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.