|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Tm 21
|
RM 150,000
|
RM 142
|
1,055 sqft
|
|
1-Sty Shop |
| 2023 | |||||
|
Jalan Tm 26
|
RM 145,000
|
RM 137
|
1,055 sqft
|
|
1-Sty Shop |
|
Jalan Tm 27
|
RM 315,000
|
RM 299
|
1,055 sqft
|
|
1-Sty Shop |
| 2022 | |||||
|
Jalan Tm 26
|
RM 130,000
|
RM 123
|
1,055 sqft
|
|
1-Sty Shop |
|
Jalan Tm 26
|
RM 145,000
|
RM 137
|
1,055 sqft
|
|
1-Sty Shop |
|
Jalan Tm21
|
RM 120,000
|
RM 114
|
1,055 sqft
|
|
1-Sty Shop |
|
Jalan Tm 26
|
RM 125,000
|
RM 118
|
1,055 sqft
|
|
1-Sty Shop |
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Market Snapshot
CommercialRM 145,000
RM 137 psfMedian transaction price
Taman Tanjung Minyak, 75260 Melaka, Malaysia
MapsTaman Tg Minyak in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2026, sized between 1,025 and 1,074 sqft, with a median price of RM 145K and a median price per square foot (PSF) of RM 137.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 145K, with most transactions falling within a stable range of RM 120K to RM 209K, and a typical market range of RM 120K to RM 170K.
Most transactions involved 1 - 1 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 137, though individual units vary from RM 77 to RM 198 in the core range. The broader market spans RM 130.46 to RM 144.46, indicating diverse property characteristics. A wider spread (IQR: RM 14.00) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.
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.