TAMAN TG MINYAK

TAMAN TG MINYAK in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 100.

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 130K, with most transactions falling within a stable range of RM 120K to RM 358K, and a typical market range of RM 120K to RM 155K.

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 100, though individual units vary from RM 55 to RM 145 in the core range. The broader market spans RM 93.00 to RM 107.00, indicating diverse property characteristics. A wider spread (IQR: RM 14.00) and deviation (MAD: RM 45) 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.