TAMAN EMAS

TAMAN EMAS in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 200.

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 280K, with most transactions falling within a stable range of RM 230K to RM 330K, and a typical market range of RM 228K to RM 333K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 200, with core pricing between RM 174 and RM 226. Market pricing typically extends from RM 184.50 to RM 215.50, reflecting moderate variation in unit pricing. With an IQR of RM 31.00 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

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.