Taman Tg Minyak

Taman Tanjung Minyak, 75260 Melaka, Malaysia

Property Transactions

2 subsales grouped by size · 1-Sty Shop →

Median
RM 230,000
PSF
RM 218
Price Size
Period
transactions middle 50% (P25–P75)
1,050 sqft
1-Sty Shop
RM 145,000
Jalan Tm 26
1,055 sqft · RM 137 PSF
RM 315,000
Jalan Tm 27
1,055 sqft · RM 299 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 230,000

RM 218 psf

Median transaction price

Taman Tg Minyak
© OpenStreetMap · CARTO

Taman Tanjung Minyak, 75260 Melaka, Malaysia

Maps

Taman Tg Minyak in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 218.

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 230K, with most transactions falling within a stable range of RM 145K to RM 315K, and a typical market range of RM 205K to RM 255K.

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 218, though individual units vary from RM 137 to RM 299 in the core range. The broader market spans RM 211.04 to RM 225.04, indicating diverse property characteristics. A wider spread (IQR: RM 14.00) and deviation (MAD: RM 81) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.